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What is Driving Arrivals?
The Caribbean share of the global tourism market has been declining. This study examines what is driving tourism flows. It estimates the determinants ...
Flows of development financing from the BRICs (Brazil, Russia, India, and China) to low income countries (LICs) have surged in recent years. Unlike ai...
A New Hope or Back to the Future?
Growth takeoffs in developing economies have rebounded in the past two decades. Although recent takeoffs have lasted longer than takeoffs before the 1...
The Global Financial Crisis and Dollarization in Low-Income Countries
The economic literature has examined deposit dollarization in nominal terms, typically focusing on the ratio of foreign currency deposits to broad mon...
This Selected Issues paper on Algeria reports that the authorities have relied on an expansionary fiscal stance to stimulate growth and employment, bu...
Low-income countries were hit especially hard by sharp increases in world food and fuel prices in 2007-08 and the global financial crisis that followe...
This paper aims to assess the economic impact of the IMF’s support through its facilities for low-income countries. It relies on two complementary e...
BRICs development financing flows have increased significantly and are expected to become more prominent in the post-crisis era. We investigate the po...