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It is widely agreed that a fiscal rule should boost discipline and credibility, reduce...

Over the past decade, Cambodia has become Asia's most dollarized economy. In contrast,...

We identify global and regional fluctuations in international private debt flows to emerging and...

This paper develops a panel unobserved components model of the monetary transmission mechanism in...

A key issue in creating a new currency union is setting the rates to convert national currencies...

Emerging market financial crises during the late 1990s were marked by sudden withdrawals of funds...