Ms. Mwanza Nkusu

Fiscal Crises: The Role of the Public Debt Investor Base and Domestic Financial Markets as Aggravating and Mitigating Factors

The paper evaluates the key drivers of fiscal crises in a sample of countries from all three income groups—advanced, emerging, and low-income countr...

Repeated Use of IMF-Supported Programs: Determinants and Forecasting

This paper studies the determinants of repeated use of Fund-supported programs in a large sample covering virtually all General Resources Account (GRA...

Changing Times for Frontier Markets

A Perspective from Portfolio Investment Flows and Financial Integration

This paper investigates to what extent low-income developing countries (LIDCs) characterized as frontier markets (FMs) have begun to be subject to cap...

Estimating the Demand for Reserve Assets Across Diverse Groups

This paper takes a fresh look at the determinants of reserves holding with the aim of highlighting similarities and differences in the motives for hol...

External Assessments in Special Cases

External Assessments in Special Cases presents the pilot External Balances Assessment methodology developed by IMF staff for estimating current accoun...