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Automatic adjustment mechanisms (AAMs)—rules ensuring that certain characteristics of a pension...

The current IMS has survived for over forty years, underpinning strong growth in GDP and in the...

This paper examines the short-run impact of Sri Lanka's recent structural adjustment program on...

In an environment characterized by weak contractual enforcement, sovereign lenders can enhance...

When policymakers have little option but to consider a sizable fiscal adjustment, they are...

This paper studies how the composition of fiscal adjustments influences their likelihood of...