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Afghanistan: IMF loan; de Rato, African Governors meet; Bank-Fund collaboration; New Zealand,...

This paper analyzes the effects of trade openness on budget balances by distinguishing the...

The IMF Research Bulletin, a quarterly publication, selectively summarizes research and...

We question the conventional view that it is optimal for government to maintain a stable level of...

Using three distinct approaches—statistical filtering, production function, and multivariate...