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Over the past decade, Cambodia has become Asia's most dollarized economy. In contrast,...

We identify global and regional fluctuations in international private debt flows to emerging and...

This paper develops a panel unobserved components model of the monetary transmission mechanism in...

A key issue in creating a new currency union is setting the rates to convert national currencies...

A dozen countries had weak institutions in 1960 and yet sustained high rates of growth...

Emerging market financial crises during the late 1990s were marked by sudden withdrawals of funds...