 | Public Sector Balance Sheet Strength and the Macro Economy Author/Editor: Seyed Reza Yousefi. Release Date:August, 2019 This paper introduces concepts of public sector balance sheet (PSBS) strength, taking into account different aspects of what governments own in addition to what they owe. It develops measures of PSBS more...
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| Expenditure Conditionality in IMF-supported Programs Author/Editor: Sanjeev Gupta, Michela Schena, Seyed Reza Yousefi. Release Date:December, 2018 This paper studies the impact of expenditure conditionality in IMF programs on the composition of public spending. A granular dataset on different government expenditure conditions covering 115 more...
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 | Rethinking Financial Deepening : Stability and Growth in Emerging Markets Author/Editor: Ratna Sahay, Martin Cihak, Papa M N'Diaye, Adolfo Barajas, Diana B Ayala Pena, Ran Bi, Yuan Gao, Annette J Kyobe, Lam Nguyen, Christian Saborowski, Katsiaryna Svirydzenka, Seyed Reza Yousefi. Release Date:May, 2015 The global financial crisis experience shone a spotlight on the dangers of financial systems that have grown too big too fast. This note reexamines financial deepening, focusing on what emerging more...
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