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Conventional wisdom has held that a fixed exchange rate regime induces more fiscal discipline,...

Unlike conventional fiscal sustainability assessments, the Value-at-Risk approach developed in...

Based on China's experience between 1980 and 2002, a cointegrated vector autoregression model was...

This paper reviews the international business cycle among Group of Seven (G-7) countries since...

This paper investigates the extent to which output has recovered from the Asian crisis. A...

The objective of this paper is to present some early experiences of poverty and social impact...