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Portfolio flows to emerging markets (EMs) tend to be correlated. A possible explanation is the...

Dollarization rates in the Caucasus and Central Asia (CCA) region are among the highest in the...

This 2015 Article IV Consultation highlights that Romania's economic recovery has become more...

This Selected Issues paper discusses benefits of boosting quality public infrastructure spending...

The paper discusses recommendations made in a fiscal transparency evaluation report for Romania....

KEY ISSUESStand-by Arrangement (SBA): A 24-month SBA with access of SDR 1,751.34 million (about...