Financing Development

About Statistics Publications & Documents Information by Country

Technical Papers No. 200: Convergence and Divergence of Sovereign Bond Spreads - Lessons from Latin America

25-Nov-2002

To what extent do permanent or transitory changes in fundamentals affect sovereign risk perception once contagion is controlled for? How can a relatively high and volatile spread be the cause of unsustainable public debt accumulation?

Choice of an Exchange-Rate Arrangement, Institutional Setting and Inflation: Empirical Evidence from Latin America

15-Oct-2002

This paper argues that it is misleading solely to concentrate on exchange-rate policy to assess the preconditions for stability in an international surrounding. The research is part of the Development Centre 2001-02 programme on "Governing Finance and Enterprises: Global, Regional and National".

Ratings Since Asian Crisis

27-Sep-2002

This paper evaluates whether the importance of ratings for developing-country finance has changed since the Asian Crisis and whether rating agencies have modified the determinants for their rating decisions.

FDI from Developing Countries - A Vector for Trade and Development by Byung-Hwa Lee

15-Aug-2002

This book is an innovative reflection on the importance of outward FDI as a stimulus for development and a defence against instability. It is, moreover, written by a distinguished economist from one of the countries concerned. This book will be at the centre of the debate for years to come.

Development Centre Studies: Don´t Fix, Don´t Float

28-Aug-2001