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This paper investigates whether there is a different impact from changes in "new" and "old"...

Several transition countries have experienced strong real exchange rate appreciations. This paper...

The treatment of license payments in the national accounts has become increasingly important in...

Much of the debate about the management of financial crises has focused on structural and...

The BOPS Yearbook, usually published in December, contains balance of payments statistics for...

The paper takes a closer look at offshore banking-a pervasive practice that has played a role in...