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Publications (23)
Working Paper
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Raising women’s political participation leads to faster maternal mortality decline. We estimate that the introduction of quotas for women in parliament results in a 9–12 per cent decline in maternal mortality. In terms of mechanisms, it also leads to an 8–11 per cent increase in skilled birth...
Working Paper
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There has been a phenomenal global increase in the proportion of women in politics in the last 20 years. While there is evidence that raising the share of women politicians has substantive impacts on the composition of government spending, there is scarcely any evidence of how it influences economic...
Journal Article
– Compatibility Issues
Part of Journal Special Issue
South-South and North-South Trade Agreements
Journal Article
Part of Journal Special Issue
South-South and North-South Trade Agreements
Journal Article
Part of Journal Special Issue
South-South and North-South Trade Agreements
Journal Article
– The Case of the European Union
Part of Journal Special Issue
South-South and North-South Trade Agreements
Journal Article
Part of Journal Special Issue
South-South and North-South Trade Agreements
– Compatibility Issues
In this special issue, five articles address some of the challenges associated with integrating an existing S-S regional agreement with a new template that results from block negotiations with a northern partner. The compatibility issues this raises range from whether the N-S component will promote...
– Seeking Stability for Emerging Economies
This collection analyses the new trends in capital flows to emerging markets since the Asian crisis, their determinants and policy implications. It explains why such flows have declined so dramatically in recent years, emphasising both structural and cyclical factors. Senior bankers, regulators and...
Working Paper
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The paper studies the trend towards the use of securities as a vehicle to transfer capital to developing economies, and how it is linked to the increasing use of derivatives transactions in developing countries. It also provides a descriptive analysis of how each type of capital vehicle is...
Working Paper
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This paper explores the complementary use of two instruments to manage capital-account volatility in developing countries: capital-account regulations and counter-cyclical prudential regulation of domestic financial intermediaries. Capital-account regulations can provide useful instruments in terms...
Working Paper
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– An Overview
In this overview we try to explain, first, why funds continued to flow towards emerging economies while fundamentals in host countries had been deteriorating before the Asian crisis (rising external deficit, with a significant liquid component appreciating exchange rates; low capital formation...
Working Paper
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This paper addresses the nature of the demand schedule for emerging market assets in both its macroeconomic and microeconomic dimensions. The former is usually analysed in terms of the ‘push factors’ (such as interest rates or contagion) determining international capital flows; while the latter is...
Working Paper
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– Crossing the Border
This paper has two aims. The first is to provide some explanation for the extraordinary collapse in cross-border bank lending to developing countries which has taken place since 1997. The second is to argue that it might be too simplistic to characterize banks’ behaviour in the past few years as a...
Working Paper
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– The Experience of Latin America since the Tequila Crisis
The paper deals with changes in the regulation and supervision of the Latin American financial sector in the aftermath of the ‘Tequila Crisis’ of 1994–95. While it finds that both have improved, regulation and supervision cannot resolve all problems; good macroeconomic policy and performance are...
Working Paper
pdf
– Water Flowing Uphill?
International bank lending is a major component of capital flows between advanced and emerging economies. However, in recent years these flows have been going the wrong way, like water flowing uphill. Even four years after the Asian crisis, there is a net flow of funds from emerging economies to...
Displaying 16 of 23 results