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The Asymmetric Effects of Monetary Policy on Job Creation and Destruction
International Monetary Fund Working Papers, 1997This paper presents theory and evidence on the asymmetric effect of monetary policy on job creation and destruction. Using the most recent developments in matching theory, the paper shows how job creation and job destruction respond to changes in interest rates.DocumentAdjusting to New Realities: MENA, The Uruguay Round, and the EU-Mediterranean Initiative
International Monetary Fund Working Papers, 1997The MENA region, with the exception of the GCC economies, is lagging behind in trade liberalization. This delay has had a negative impact on production efficiency and consumer welfare and will become more costly given the increasing globalization and integration of the world economy. It is likely to reduce the region's attractiveness for foreign investment.DocumentEuropean Monetary Union and International Capital Markets: Structural Implications and Risks
International Monetary Fund Working Papers, 1997DocumentDoes Public Disagreement on Monetary Policy Unsettle the Markets?
International Monetary Fund Working Papers, 1997DocumentExperiences with Monetary Integration and Lessons for Korean Unification
International Monetary Fund Working Papers, 1997DocumentThe Role of the German "Stiftungen" in the Process of democratisation
European Centre for Development Policy Management, 1999This paper gives an overview of the system of the five German "Stiftungen", and describes in general terms their aims, objectives and activities in support of transitional democratic processes in general, and in Sub-Saharan Africa in particular.DocumentReactions on the Green Paper on Relations between the European Union and the ACP Countries on the Eve of the 21st Century
European Centre for Development Policy Management, 1999DocumentCommentary on the Green Paper on Relations between the European Union and the ACP Countries
European Centre for Development Policy Management, 1999DocumentThe Management of British Bilateral Aid and its Effectiveness
European Centre for Development Policy Management, 1999This paper looks at how the Overseas Development Administration (ODA) manages the British bilateral aid programme. It initially examines its strategic approach to aid allocation and use. A major interest is how its aid objectives are translated into spending plans and activities through country programming and organisation and staffing of country delivery of aid.Pages