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This paper seeks to promote discussion on the treatment of nonperforming loans in macroeconomic...

In a large panel of countries, we find that less liquid countries are more likely to default on...

Guinea is making good progress in recovering from a long period of social unrest and military...

This paper was prepared by staffs of the International Monetary Fund and the World Bank in...

This volume, fourth in a series of periodic histories of the institution, is as much a history of...

The paper presents a tractable model to understand how international financial institutions...