Author/Editor: Cristina Batog, Ernesto Crivelli, Anna Ilyina, Zoltan Jakab, Jaewoo Lee, Anvar Musayev, Iva Petrova, Alasdair Scott, Anna Shabunina, Andreas Tudyka, Xin Cindy Xu, Ruifeng Zhang.

Release Date:July, 2019

The populations of Central and Eastern European (CESEE) countries—with the exception of Turkey—are expected to decrease significantly over the next 30 years, driven by low or negative net birth more...

Release Date:October, 2012

Country practices towards managing financial risks on a sovereign balance sheet continue to evolve. Each crisis period, and its legacy on sovereign balance sheets, reaffirms the need for more...

Author/Editor: Gabriela Dobrescu, Iva Petrova, Nazim Belhocine, Emanuele Baldacci.

Release Date:May, 2011

This paper develops a new index which provides early warning signals of fiscal sustainability problems for advanced and emerging economies. Unlike previous studies, the index assesses the more...

Author/Editor: James McHugh, Iva Petrova, Emanuele Baldacci.

Release Date:April, 2011

This paper proposes a set of fiscal indicators to assess rollover risks using the conceptual framework developed by Cottarelli (2011). These indicators provide early warning signals about the more...

Author/Editor: Iva Petrova, Jukka Pihlman, Peter Kunzel, Yinqiu Lu.

Release Date:January, 2011

While SWF investment objectives to some extent reflect inherent characteristics, notable differences in strategic asset allocation (SAA) exist even amongst SWFs of similar types. Even so, this paper more...

Author/Editor: Iva Petrova, Michael G Papaioannou, Dimitri Bellas.

Release Date:December, 2010

This paper analyses the determimants of emerging market sovereign bond spreads by examining the short and long-run effects of fundamental (macroeconomic) and temporary (financial market) factors on more...

Author/Editor: Aaron Howard Clifford Brown, Michael G Papaioannou, Iva Petrova.

Release Date:January, 2010

This paper analyses the links between the investment strategies of a commodity-based SWF and the macroeconomic framework of the owner country. We examine some basic macrofinancial linkages of an more...

Author/Editor: Peter Kunzel, Cornelia Hammer, Iva Petrova.

Release Date:November, 2008

While SWFs as a group share broad common institutional and operational practices, these practices also differ considerably reflecting the diversity of these institutions. These differences derive more...