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Social Tourism in Europe: Theory and Practice

by Scott McCabe & Lynn Minnaert

This book, the first on social tourism in English, provides a comprehensive analysis of the various systems and practices in support of disadvantaged people's enjoyment of tourism. Combining theory and practice...


Manager as Negotiator

by David A. Lax

This fine blend of Harvard scholarship and seasoned judgment is really two books in one. The first develops a sophisticated approach to negotiation for executives, attorneys, diplomats -- indeed, for anyone...


Power to the People: Energy in Europe over the Last Five Centuries

by Astrid Kander, Paolo Malanima & Paul Warde

Power to the People examines the varied but interconnected relationships between energy consumption and economic development in Europe over the last five centuries. It describes how the traditional energy economy...


The Second Machine Age: Work, Progress, and Prosperity in a Time of Brilliant Technologies

by Erik Brynjolfsson & Andrew McAfee

A New York Times Bestseller

A revolution is under way. In recent years, Google’s autonomous cars have logged thousands of miles on American highways and IBM’s Watson trounced the best human Jeopardy! players....


To Cork or Not To Cork

by George M Taber

In Judgment of Paris, George M. Taber masterfully chronicled the historic 1976 wine tasting when unknown California wines defeated top French ones, marking a major turning point in wine history. Now he explores...


Modeling Banking, Sovereign, and Macro Risk in a Cca Global Var

by Dale F. Gray

The purpose of this paper is to develop a model framework for the analysis of interactions between banking sector risk, sovereign risk, corporate sector risk, real economic activity, and credit growth for 15...


Brazil: Selected Issues

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...


Taxation and Corporate Debt: Are Banks Any Different?

by Jost Heckemeyer & Ruud A. de Mooij

This paper explores whether corporate tax bias toward debt finance differs between banks and nonbanks, using a large panel of micro data. On average, it finds that there is no significant difference. The marginal...


Shining a Light on the Mysteries of State: The Origins of Fiscal Transparency in Western Europe

by Timothy Irwin

The extent of fiscal transparency in Western Europe has varied over the centuries. Although ancient Greek, Roman, and medieval governments were sometimes open about their finances, the absolute monarchies of...


Russian Federation: 2013 Article IV Consultation

by International Monetary Fund. Euro Dept.

KEY ISSUES Context. Growth has slowed amidst weak investment and external demand, while the output gap appears to be at or near zero and inflation is elevated. Activity is currently weak, but is expected to...


Sudan: Selected Issues

by International Monetary Fund. Midd Dept.

Sudan faces difficult challenges in the conduct of its monetary policy following South Sudan’s secession in 2011. Sudan’s economic conditions deteriorated rapidly after this permanent shock. The fiscal deficit...


Costa Rica: Fiscal Transparency Assessment

by International Monetary Fund. Fisc Dept.

EXECUTIVE SUMMARY One of the most important aspects of good fiscal management is the capacity of government to formulate and communicate fiscal policies. Fundamental to this is the production and publication...


Russian Federation: Selected Issues

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...


The Role of Domestic and External Shocks in Poland: Results from an Agnostic Estimation Procedure

by Michal Andrle & Roberto Garcia-Saltos

This paper discusses interlinkages between Poland and the euro zone using a simple and agnostic econometric approach. Specifically, we estimate a trend-cycle VAR model using data for real and nominal variables,...


Brazil: Staff Report for the 2013 Article IV Consultation

by International Monetary Fund. West Dept.

KEY ISSUES Context. Brazil is recovering gradually from the growth slowdown that started in mid- 2011, but the recovery remains uneven and inflation elevated. Output is estimated at potential with supply-side...


Sudan: Interim Poverty Reduction Strategy Paper

by International Monetary Fund. Midd Dept.

Sudan has had one of the highest growth rates amongst Sub-Saharan African countries and a rapidly rising per capita income, with per capita GDP of US$1,500. Nonetheless, the country’s human development outcomes...


Bosnia and Herzegovina: Fourth Review Under the Stand-By Arrangement and Request for Modification and Waivers of Applicability of Performance

by International Monetary Fund. Euro Dept.

KEY ISSUES Stand-By Arrangement (SBA): The Board approved Bosnia and Herzegovina’s (BiH) request for a two-year Stand-By Arrangement (SBA) with access of SDR 338.2 million (200 percent of quota) on September...


Growth Following Investment and Consumption-Driven Current Account Crises

by Alexander Klemm

Current account deficits imply increasing liabilities to the rest of the world. External sustainability then depends on whether these can be met in the future without defaulting, i.e., normally through trade...


Sudan: 2013 Article IV Consultation

by International Monetary Fund. Midd Dept.

KEY ISSUES Context: The July 2011 secession of South Sudan led to the buildup of large economic imbalances in Sudan. The authorities responded in June 2012 with a comprehensive package of corrective measures,...


Thailand: 2013 Article IV Consultation

by International Monetary Fund. Asia Dept

KEY ISSUES Context. The Thai economy has shown an impressive resilience to shocks and staged a strong recovery in 2012. However, growth slowed significantly in the first half of 2013 on account of the expiration...