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Institutions, Governance and the Control of Corruption
This book considers how emerging economies around the world face the challenge of building good institutions and effective governance, since so much of economic development depends on having these in place. The promotion of shared prosperity and the battle against poverty require interventions to reach out to the poor and the disadvantaged. Yet time and again we have seen such effort foild or diminished by corruption and leakage. The creation of good governance and institutions and structures to combat corruption require determination and passion but also intricate design rooted in data, analysis, and research. In this book, leading researchers from around the world bring to the table some of the best available ideas to help create better governance structures, design laws for corruption control, and nurture good institutions.
An Economist in the Real World
Basu writes from a unique perspectiveneither that of the career bureaucrat nor that of the traditional researcher. Plunged into the deal-making, non-hypothetical world of policymaking, Basu suffers from a kind of culture shock and views himself at first as an anthropologist or scientist, gathering observations of unfamiliar phenomena. He addresses topics that range from the macroeconomicfiscal and monetary policiesto the granulardesigning grain auctions and policies to assure everyone has access to basic food. Basu writes about globalization and India's period of unprecedented growth, and he reports that at a dinner hosted by Prime Minister Manmohan Singh, President Obama joked to him, {28}You should give this guy some tips.
IMF Staff papers, Volume 45 No. 1
This paper analyzes some leading indicators of currency crises, and proposes a specific early warning system. This system involves monitoring the evolution of several indicators that tend to exhibit an unusual behavior in the periods preceding a crisis. When an indicator exceeds a certain threshold value, this is interpreted as a warning “signal” that a currency crisis may take place. The variables that have the best track record within this approach include exports, deviations of the real exchange rate from trend, and the ratio of broad money to gross international reserves, output, and equity prices.
Toward Universal Health Coverage and Equity in Latin America and the Caribbean
Over the past three decades, many countries of Latin America and the Caribbean have recognized health as a human right. Since the early 2000s, 46 million more people in the countries studied are covered by health programs with explicit guarantees of affordable care. Reforms have been accompanied by a rise in public spending for health, financed largely from general revenues that prioritized or explicitly target the population without capacity to pay. Political commitment has generally translated into larger budgets as well as passage of legislation that ring-fenced funding for health. Most countries have prioritized cost-effective primary care and adopted purchasing methods that incentivize ...
Introduction to International Development Cooperation
개발원조와 빈곤퇴치라는 국제적 이슈에 대한 이해를 돕고자 하는 『Introduction to International Development Cooperation』은 세 측면에서 논의를 진행하고 있다. 첫째, 빈곤문제와 대외원조문제가 어떻게 해서 세계적인 주요 의제로 떠올랐는지를 규명하고자 한다. 이를 위해 역사적인 맥락을 먼저 살피는데 제2차 세계대전부터 시작된 대외원조의 변화 추이를 원조국과 수혜국의 입장에서 분석한다. 둘째는, 지난 50여 년간 국제사회가 이룩한 구호활동과 빈곤퇴치 등의 업적을 객관적으로 평가하고 앞으로 해결해야 할 과제들을 고찰한다. 끝으로, 그간 국제사회의 이러한 활동에는 여러 복잡한 문제와 관행, 그리고 여러 계층의 사람들이 관여하게 되어 도정되는 문제들도 있었다. 이러한 문제해결을 위한 글로벌거버넌스 프레임 워크 구축은 매우 중요하며, 대외원조 효과를 극대화하기 위해서는 여러 관계자 간의 협력 네트워크 구축이 필요함을 강조한다.
Research and Writing in International Relations
Research and Writing in International Relations, Third Edition, offers the step-by-step guidance and the essential resources needed to compose political science papers that go beyond description and into systematic and sophisticated inquiry. This book provides concise, easy-to-use advice to help students develop more advanced papers through step-by-step descriptions, examples, and resources for every stage of the paper writing process. The book focuses on areas where students often need guidance: understanding how international relations theory fits into research, finding a topic, developing a question, reviewing the literature, designing research, and last, writing the paper. Including curr...
IMF Staff Papers
This paper reports for uncovered interest parity (UIP) using daily data for 23 developing and developed countries during the crisis-strewn 1990s. UIP is a classic topic of international finance, a critical building block of most theoretical models, and a dismal empirical failure. UIP states that the interest differential is, on average, equal to the ex post exchange rate change. UIP may work differently for countries in crisis, whose exchange and interest rates both display considerably more volatility. This volatility raises the stakes for financial markets and central banks; it also may provide a more statistically powerful test for the UIP hypothesis. Policy-exploitable deviations from UIP are, therefore, a necessary condition for an interest rate defense. There is a considerable amount of heterogeneity in the results, which differ wildly by country.
Kosovo
This report builds on two previous similar reports from 2001 and 2002-Kosovo: Macroeconomic Issues and Fiscal Sustainability (2001) and Kosovo: Institutions and Policies for Reconstruction and Growth (2002). It is based on work performed during four IMF staff visits spanning a 15-month period from January 2003 to March 2004. The analysis and recommendations of this book contribute to informing the debate about economic policies, in particular, and about the broader issues that will shape Kosovo’s future.
IMF Staff Papers, Volume 57, No. 2
This paper introduces a new database of financial reforms covering 91 economies over 1973-2005. It describes the content of the database, the information sources utilized, and the coding rules used to create an index of financial reform. It also compares the database with other measures of financial liberalization, provides descriptive statistics, and discusses some possible applications. The database provides a multifaceted measure of reform, covering seven aspects of financial sector policy. Along each dimension the database provides a graded (rather than a binary) score, and allows for reversals.
Security by Other Means
A Brookings Institution Press and Center for Strategic and International Studies publication In a world transformed by globalization and challenged by terrorism, foreign aid has assumed renewed importance as a foreign policy tool. While the results of more than forty years of development assistance show some successes, foreign aid is currently dispersed between many agencies and branches of government in a manner that formulation and implementation of a coherent, effective strategy. The current political climate is receptive to a transition toward greater accountability and effectiveness in development aid. Because this transition is clearly an imperative but has not yet been comprehensively...
