This paper investigates whether leading indicators can help explain the cross-country incidence of the 2008-09 financial crisis. Rather…
By now just about everybody agrees that the European bailout of Greece has failed (see for example Darvas et al. 2011). The debt will have…
Book Abstract: The Handbook of Microfinance showcases an expansive collection of works from leading academics and field practitioners. In…
Little is written about the critical success factors that make or break a project implementing a public financial management reform in…
We construct the topology of business networks across the population of firms in an emerging
economy, Pakistan, and estimate the value that…
Fiscal and monetary policy each has a role to play in mitigating the volatility that stems from the large trade shocks hitting commodity-…
How many times have we heard that the nation state is passé? That borders have disappeared, that distance is dead, that the Earth is flat,…
American fiscal policy has been procyclical: Washington wasted the expansion period 2001-2007 by running budget deficits, but by 2011 had…