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The paper analyzes some key policy trade-offs involved in the implementation of the Stability and...

A widely held nostrum is that countries should exit heavily managed exchange rate regimes when...

Public sector revenue has declined markedly in the Philippines over the past seven years. Most...

A widespread view holds that countries that finance themselves through foreign direct investment...

The paper shows that a coinsurance arrangement among countries can, in principle, play a useful...

We use the concepts of deliberative democracy from political science and cheap talk from...