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Export Quality in Developing Countries

by Christian Henn & Chris Papageorgiou

This paper develops new, far more extensive estimates of export quality, covering 178 countries and hundreds of products over 1962–2010. Quality upgrading is particularly rapid during the early stages of development,...


Belgium: Financial System Stability Assessment

by International Monetary Fund. Department

In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after...


Productivity or Employment: Is It a Choice?

by Andrea De, Ms. Michelis & Marcello M., Mr. Estevão

Traditionally, shocks to total factor productivity (TFP) are considered exogenous and the employment response depends on their effect on aggregate demand. We raise the possibility that in response to labor supply...


Mali: Poverty Reduction Strategy Paper-Joint Staff Advisory Note

by International Monetary Fund. Afri Dept.

In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after...


Republic of Estonia: 2013 Article IV Consultation

by International Monetary Fund. Euro Dept.

In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after...


What Is in Your Output Gap? Unified Framework & Decomposition Into Observables

by Michal Andrle

This paper discusses several popular methods to estimate the ‘output gap’. It provides a unified, natural concept for the analysis, and demonstrates how to decompose the output gap into contributions of...


Uruguay: 2012 Article IV Consultation

by International Monetary Fund. West Dept.

In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after...


Perfect Little Ladies

by Abby Drake

Nobody knows that better than Elinor Young, one of the posh housewives of Westchester County. She's worked hard all her life to get where she is. With her perfect husband, gorgeous grown-up children, and a house...


The Bahamas: 2012 Article IV Consultation

by International Monetary Fund. West Dept.

In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after...


The Impact of Foreign Bank Deleveraging on Korea

by Sonali Jain-Chandra & Min Jung Kim

Korea was hit hard by the 2008 global financial crisis, with the foreign bank deleveraging channel coming prominently into play. The global financial crisis demonstrated that a sharp deleveraging can be transmitted...


Regional Economic Outlook, May 2013: Sub-Saharan Africa: Building Momentum in a Multi-Speed World

by International Monetary Fund. Afri Dept.

Growth remained strong in the region in 2012, with regional GDP rates increasing in most countries (excluding Nigeria and South Africa). Projections point to a moderate, broad-based acceleration in growth to...


Is the Growth Momentum in Latin America Sustainable?

by Sebastian Sosa & Evridiki Tsounta

A favorable external environment coupled with prudent policies fostered output growth in most of Latin America during the last decade. But, what were the drivers of this strong growth performance from the supply...


Niger: 2013 First Review Under the Three-Year Arrangement Under the Extended Credit facility and Request for a Waiver of Nonobservance of Performance

by International Monetary Fund. Afri Dept.

In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after...


Philippines: Selected Issues

by International Monetary Fund. Asia Dept

In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after...


Nigeria: 2012 Article IV Consultation

by International Monetary Fund. Afri Dept.

In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after...


Jamaica: Request for an Arrangement Under the Extended Fund Facility

by International Monetary Fund. West Dept.

In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after...


Niger: Joint Staff Advisory Note on the Poverty Reduction Strategy Paper

by International Monetary Fund. Afri Dept.

In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after...


Understanding Dsge Filters in Forecasting and Policy Analysis

by Michal Andrle

This paper introduces methods that allow analysts to (i) decompose the estimates of unobserved quantities into observed data, (ii) to better understand revision properties of the model, and (iii) to impose subjective...


Obsession Untamed

Feral Warriors #2

by Pamela Palmer

They are called Feral Warriors—an elite band of immortals who can change shape at will. Sworn to rid the world of evil, consumed by sorcery and seduction, their wild natures are primed for release . . .

Every...


The Impact of Debt Sustainability and the Level of Debt on Emerging Markets Spreads

by Nazim Belhocine & Salvatore, Mr. Dell'Erba

How do financial markets respond to concerns over debt sustainability and the level of public debt in emerging markets? We introduce a measure of debt sustainability – the difference between the debt stabilizing...