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This paper assesses empirically whether or not current account reversals have permanent growth effects and the role of macroeconomic policies in this process.
This paper critically reviews the current state of cross-country research on informality and discusses how existing data sources can be more effectively employed and extended to shed light on the link between public policies and informality.
This paper reviews the main monthly indicators that could help forecasting world trade and compares different type of forecasting models using these indicators.
Housing policies in France are designed to meet several objectives. They consist primarily in ensuring that all households have housing that corresponds to their needs and financial means.
- Economic Survey of France 2011
A well-functioning housing market is essential for economic prosperity and well-being.
- Economic survey of the United Kingdom 2011
English, , 206kb
Increasing international capital flows can support long-term income growth through a better international allocation of saving and investment.
English, , 342kb
The recovery is projected to strengthen in the near term, but there are concerns about the longer-term legacy of the crisis, particularly because of the emergence of unsustainable fiscal imbalances as well as the possible damage to long-term growth prospects.
This paper analyses the effect of capital inflow shocks on the evolution of domestic credit.
English, , 423kb
Increased international capital flows can support long-term income growth through a better international allocation of saving and investment.
This paper provides an empirical investigation of the medium-term determinants of international investment positions for a large sample of advanced and emerging economies.