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The global financial crisis experience shone a spotlight on the dangers of financial systems that...

Using a comprehensive database on bank credit, covering 135 developing countries over the period...

Imbalances within the euro area have been a defining feature of the crisis. This paper provides a...

Persistently high debt ratios in advanced economies and emerging fragilities in the developing...

This paper aims to assess the economic impact of the IMF’s support through its...

This paper surveys the evidence on the effectiveness of monetary transmission in low-income...