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The paper makes an assessment of the progress made in developing local debt markets in emerging...

The paper takes stock of the impact of the global financial crisis that began in late 2007 on...

This paper investigates the impact of the new capital requirements introduced under the Basel III...

We propose a modification to a baseline sovereign default framework that allows us to quantify...

We analyze trade dynamics following past episodes of financial crises. Using an augmented gravity...

Global merchandise trade sharply declined in late 2008 and early 2009, and some press and...