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CESEE countries lag in terms of infrastructure compared to the EU15, and deficient infrastructure...

This paper reviews the role of benchmark-driven investments in EM local bond markets. We provide...

Central banks often buy or sell reserves-–-so called FX interventions (FXIs)---to dampen sharp...

This paper estimates the macroeconomic effects of structural reforms in Latin America and the...

Inequality is increasingly a concern. Fiscal and structural policies are well-understood...

How does a shrinking population affect the housing market? In this study, drawing on Japan’s...