 | Strengthening the West African Economic and Monetary Union : The Role of Fiscal and Market Institutions in Economic Stabilization Author/Editor: Olivier Basdevant, Patrick A. Imam, Tidiane Kinda, Aleksandra Zdzienicka. Release Date:October, 2015 West African Economic and Monetary Union (WAEMU) countries face a well-known dilemma between the need to provide shock-smoothing mechanisms and the lack of adequate mechanisms to do so. WAEMU more...
| Price: $20.00
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 | Does A Regional Trade Agreement Lessen or Exacerbate Growth Volatility? An Empirical Investigation Author/Editor: Kangni Kpodar, Patrick A. Imam. Release Date:July, 2015 This paper assesses how regional trade agreements (RTAs) impact growth volatility on aworldwide sample of 170 countries with data spanning the period 1978-2012.Notwithstanding concerns that trade more...
| Price: $18.00
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| Is Islamic Banking Good for Growth? Author/Editor: Patrick A. Imam, Kangni Kpodar. Release Date:April, 2015 The rapid growth of Islamic banking has attracted much attention lately in the economic literature. At the same time, a mature body of the literature has shown that financial development is broadly more...
| Price: $18.00
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 | Building Blocks for Effective Macroprudential Policies in Latin America: Institutional Considerations Author/Editor: Luis Ignacio Jácome, Erlend Nier, Patrick A. Imam. Release Date:July, 2012 An increasing number of countries - including in Latin America - are reforming their financial stability frameworks in the aftermath of the financial crisis, in order to establish a stronger more...
| Price: $18.00
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| Consequences of Asset Shortages in Emerging Markets Author/Editor: Jiaqian Chen, Patrick A. Imam. Release Date:April, 2012 We assess econometrically the impact of asset shortages on economic growth, asset bubbles, the probability of a crisis, and the current account for a group of 41 Emerging markets for 1995-2008. The more...
| Price: $18.00
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| Causes of Asset Shortages in Emerging Markets Author/Editor: Jiaqian Chen, Patrick A. Imam. Release Date:May, 2011 We first illustrate that emerging markets (EMs) face a shortage of financial assets, with financial assets not growing as rapidly as domestic savings. We then estimate the asset shortage in EMs for more...
| Price: $18.00
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| Balance Sheet Vulnerabilities of Mauritius During a Decade of Shocks Author/Editor: Patrick A. Imam, Rainer Koehler. Release Date:June, 2010 After reviewing the economic reform strategy of Mauritius for the past 10 years in the face of several external shocks, we apply a balance sheet analysis (BSA) focusing on currency, maturity, and more...
| Price: $18.00
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| Introducing the Euro as Legal Tender—Benefits and Costs of Eurorization for Cape Verde Author/Editor: Patrick A. Imam. Release Date:July, 2009 In recent years, recommendations for countries to unilaterally dollarize/eurorize have become common, particularly when the countries lack economic credibility. After exploring the characteristics of more...
| Price: $18.00
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| Explaining Episodes of Growth Accelerations, Decelerations, and Collapses in Western Africa Author/Editor: Gonzalo Salinas, Patrick A. Imam. Release Date:December, 2008 The growth literature has had problems explaining the sub-Saharan African growth dummy in cross-country regressions. Instead of taking the usual approach of focusing on long-run growth and assuming more...
| Price: $18.00
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| Mauritius : A Competitiveness Assessment Author/Editor: Camelia Minoiu, Patrick A. Imam. Release Date:September, 2008 We assess the competitiveness of Mauritius in recent years using two approaches. First, we estimate the difference between the equilibrium and the actual real exchange rate using four methods: the more...
| Price: $18.00
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