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Revenge of the Rich

by Austin Mitchell

Austin Mitchell's book is the first comprehensive study of the rise, fall and consequences of neoliberalism in Britain and New Zealand, the two countries which adopted the new economics most enthusiastically,...

Dilemmas of a Trading Nation

by Mireya Solís

Japan is at a critical moment in determining its trade policy as it strives for renewed economic growth.

Its economy still struggling after two decades of low growth, Japan now faces a difficult moment as it...

Doing Business in Germany : Exhibiting at Trade Shows for Indian Managers

by Andra Riemhofer

German trade fairs are the place to be if you want to meet business contacts from all over the world. According to the Association of the German Trade Fair Industry (AUMA), around two-thirds of the world’s...

Liberalism and the Welfare State

by Roger E. Backhouse, Bradley W. Bateman, Tamotsu Nishizawa & Dieter Plehwe

The welfare state has, over the past forty years, come under increasing attack from liberals who consider comprehensive welfare provision inimical to liberalism. Yet, many of the architects of the post-World...

Digital DNA

by Peter F. Cowhey & Jonathan D. Aronson

Innovation in information and production technologies is creating benefits and disruption, profoundly altering how firms and markets perform. Digital DNA provides an in depth examination of the opportunities...

Global Agriculture and the American Farmer

by Kimberly Ann Elliott

The United States is one of the world’s largest producers and exporters of a range of agricultural commodities, and the largest provider of foreign assistance, so U.S. policies have big effects on global food...

Cracking the China Conundrum

by Yukon Huang

China's rise is altering global power relations, reshaping economic debates, and commanding tremendous public attention. Despite extensive media and academic scrutiny, the conventional wisdom about China's economy...

The Global Human Resource Management Casebook

by Liza Castro Christiansen, Michal Biron & Elaine Farndale

This casebook is a collection of international teaching cases focusing on contemporary human resource management issues. Each case centers primarily on one country and illustrates a significant challenge faced...

Energy Economics

by Peter M. Schwarz

With interest in topics such as climate change, energy security, and alternative energy sources being at an all-time high, the effects of today's decisions now rest on the shoulders of future generations. There...

Designing a Simple Loss Function for Central Banks

by Davide Debortoli & Jinill, Mr. Kim

Yes, it makes a lot of sense. This paper studies how to design simple loss functions for central banks, as parsimonious approximations to social welfare. We show, both analytically and quantitatively, that simple...

Smooth Operator: Remittances and Fiscal Shocks

by Kimberly, Ms. Beaton & Serhan, Mr. Cevik

With 250 million migrants globally, remittances are one of the major sources of income in many developing countries. While there is abundant evidence that remittances facilitate consumption smoothing in receving...


by International Monetary Fund. Euro Dept.

The Greek authorities have requested a precautionary Stand-By Arrangement in an amount of SDR 1.3 billion (55 percent of quota, about €1.6 billion). Unutilized resources under the European Stability Mechanism...


by International Monetary Fund. Afri Dept.

The economic recovery continues, despite ongoing political tensions. The political crisis has led to four changes of government over the past two years, and ECOWAS is calling for decisive implementation of last...

Republic of Armenia

by International Monetary Fund. Midd Dept.

Since its independence, Armenia has made significant strides in enhancing macroeconomic stability. Growth has been satisfactory with inflation under control and the fiscal situation broadly well managed. Lately,...

Basel Compliance and Financial Stability

by Mohammad Bitar & Sami Ben, Mr. Naceur

The paper provides robust evidence that compliance with Basel Core Principles (BCPs) has a strong positive effect on the Z-score of conventional banks, albeit less pronounced on the Zscore of Islamic banks....

Republic of Madagascar

by International Monetary Fund. Afri Dept.

The Economic Development Paper (DDE) describes the strategy adopted by the government to reverse the trend of modest economic performance, deteriorating social conditions, and persistent poverty observed in...

On Swing Pricing and Systemic Risk Mitigation

by Sheheryar Malik & Peter Lindner

Swing pricing allows a fund manager to transfer to redeeming or subscribing investors the costs associated with their trading activity, thus potentially discouraging large flows. This liquidity management tool,...

Republic of Madagascar

by International Monetary Fund. Afri Dept.

To assist in the economic recovery from a prolonged political crisis, Madagascar launched an ECF-supported program in July 2016. The program aims to break a cycle of low investment and low growth. Macroeconomic...

The Re-Emerging Privilege of Euro Area Membership

by Johannes, Mr. Wiegand

When the euro was introduced in 1998, one objective was to create an alternative global reserve currency that would grant benefits to euro area countries similar to the U.S. dollar's "exorbitant privliege":...

Republic of Madagascar