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Financial globalization was off to a rocky start in emerging economies hit by Sudden Stops in the...

An implication of the "globalization hazard" hypothesis is that sudden stops could be prevented...

Several of the transition economies are devolving fiscal authority to subnational governments at...

This paper presents a simple simulation model that enables the formulation of a consistent...

The global financial crisis and the ensuing Great Recession raised concerns about adjustment...

The study looks at the cyclical behavior of the markups and assesses its impact on inflation...