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Counterpart funds generated through foreign currency or commodity aid have again become an issue...

A simple criterion based on the properties of the forecast error is presented to evaluate the...

Much recent analysis of international monetary and fiscal policy issues, such as the choice of an...

Tax reform in Latin America during the 1980s emphasized broad-based, low-rate consumption taxes...

This paper reviews the experience with capital controls in industrial and developing countries,...

Under what circumstances can market forces prevent unsustainable borrowing? Effective market...