|
|
|
12-Mar-2008
This paper addresses the question of whether and how monetary policy ease may lead to excesses in financial and real asset markets and ultimately result in financial dislocation. It presents evidence suggesting that periods when short-term interest rates have been persistently and significantly below what Taylor rules would prescribe are correlated with increases in asset prices, especially as regards housing, though no systematic effects are identified on equity markets.
|
|
09-Oct-2007
The financial sector has been reorganised. Equity and commodity markets are highly efficient. Costs in banking are high and FOREX and corporate bond markets still underdeveloped necessitating further reform.
|
|
04-Sep-2007
This Chapter presents an analysis of recent economic policy and performance, and identifies the main challenges facing Ukraine as it tries to sustain current strong growth over the long term.
|
|
18-Aug-2006
China’s trade impact on Latin America is positive via an export boom and indirectly better terms of trade. Its emergence is also a wake up call for the region: more reforms are needed, especially in infrastructure, in order to maintain Latin America’s comparative advantage.
|
|
26-Jul-2006
This publication provides policy-makers, board members, managers, equity providers, creditors and others an overview of the issues to be addressed in establishing good corporate governance of non-listed companies.
|
|
10-Apr-2006
Development Centre is taking part in this globally networked research programme focusing on the impact of newly dynamic Asian economies on low-income economies. The programme is co-ordinated by the Institute of Development Studies, Sussex.
|
|
|
