Gareth Anderson

State-Owned Enterprises in Middle East, North Africa, and Central Asia: Size, Costs, and Challenges

Prior to the COVID-19 shock, the key challenge facing policymakers in the Middle East, North Africa, and Central Asia region was how to generate stron...

Feeling the Heat: Adapting to Climate Change in the Middle East and Central Asia

Climate change is among humanity’s greatest challenges, and the Middle East and Central Asia region is on the frontlines of its human, economic, and...

A Low-Carbon Future for the Middle East and Central Asia: What are the Options?

Nearly all countries in the Middle East and Central Asia have pledged to contain greenhouse gas emissions as part of the Paris Agreement. The purpose ...

How Have IMF Priorities Evolved? A Text Mining Approach

This paper assess how priorities of the IMF’s membership have evolved over the past two decades, by using text mining techniques on a unique dataset...

Preparing Financial Sectors for a Green Future

Managing Risks and Securing Sustainable Finance

The financial sectors of the Middle East and Central Asia (ME&CA) countries should play an important role in supporting climate-related policies for t...

Corporate Indebtedness and Low Productivity Growth of Italian Firms

Productivity growth in Italy has been persistently anemic and has lagged that of the euro area over the period 1999-2015, while the indebtedness of it...

Crossing the Credit Channel

Credit Spreads and Firm Heterogeneity

We show that credit spreads rise after a monetary policy tightening, yet spread reactions are heterogeneous across firms. Exploiting information from ...

Reserve Currencies in an Evolving International Monetary System

Despite major structural shifts in the international monetary system over the past six decades, the US dollar remains the dominant international reser...