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Based on a simple framework, this note clarifies the economics behind bank restructuring and...

References to policy credibility, particularly with regard to fiscal policy, are ubiquitous in...

The World Economic Outlook, published twice a year in English, French, Spanish, and Arabic,...

This study examines external and domestic influences on Latin America's economic performance over...

The paper argues that assets produced under build-own-operate-transfer (BOOT) schemes-under which...