 | A Diversification Strategy for South Asia Author/Editor: Weicheng Lian, Fei Liu, Katsiaryna Svirydzenka, Biying Zhu. Release Date:July, 2021 While South Asia has gone a long way in diversifying their economies, there is substantial scope to do more. Some countries – India, Nepal, and Sri Lanka – can build on their existing production more...
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 | Financial Cycles – Early Warning Indicators of Banking Crises? Author/Editor: Sally Chen, Katsiaryna Svirydzenka. Release Date:April, 2021
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 | Policy Advice to Asia in the COVID-19 Era Author/Editor: Changyong Rhee, Katsiaryna Svirydzenka. Release Date:March, 2021 The Asia-Pacific region was the first to be hit by the COVID-19 pandemic; it put a strain on its people and economies, and policymaking became exceptionally difficult. This departmental paper more...
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 | Spillovers from China : Financial Channels Author/Editor: Nkunde Mwase, Papa M N'Diaye, Hiroko Oura, Frantisek Ricka, Katsiaryna Svirydzenka, Yuanyan S Zhang. Release Date:September, 2016 Although China’s much-needed transition to a new growth path is proceeding broadly as expected, the transition is still fraught with uncertainty, including regarding the Chinese authorities’ more...
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 | Introducing a New Broad-based Index of Financial Development Author/Editor: Katsiaryna Svirydzenka. Release Date:January, 2016 There is a vast body of literature estimating the impact of financial development on economic
growth, inequality, and economic stability. A typical empirical study approximates financial
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 | Effects of Monetary and Macroprudential Policies on Financial Conditions : Evidence from the United States Author/Editor: Aleksandra Zdzienicka, Sally Chen, Federico Diaz Kalan, Stefan Laseen, Katsiaryna Svirydzenka. Release Date:December, 2015 The Global Financial Crisis has reopened discussions on the role of the monetary policy in
 preserving financial stability. Determining whether monetary policy affects financial
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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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 | Mauritius The Drivers of Growth—Can the Past be Extended? Author/Editor: Katsiaryna Svirydzenka, Martin Petri. Release Date:July, 2014 Mauritius’s economic performance has been called “the Mauritian miracle” and the “success of Africa” (Romer, 1992; Frankel, 2010; Stiglitz, 2011), despite difficult initial conditions that more...
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