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Searching with a thematic focus on Debt and structural adjustment, Debt, Aid and debt
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Trade policies, macroeconomic adjustment, and manufactured exports : theLatin American experience
Policy Research Working Papers, World Bank, 1995Trade policies cannot resolve current account problems.DocumentThe surge in capital inflows to developing countries : prospects and policy response
Policy Research Working Papers, World Bank, 1995Foreign interest rates have been the "push" factor driving capital inflows and determining their magnitude, but country creditworthiness has influenced the timing and geographic destination of the new capital flows.DocumentFiscal and monetary contraction in Chile : a rational - expectations approach
Policy Research Working Papers, World Bank, 1995To analyze the probable macroeconomic impact of fiscal and monetary retrenchment in Chile, an open economy, dynamic rational expectations macroeconomic model is applied to data for Chile.For the past two decades, Chile has consistently pursued a course of macroeconomic stabilization and deep economic reform.DocumentInterest rates, credit and economic adjustment in Nicaragua
Policy Research Working Papers, World Bank, 1995Nicaragua's dollar equivalent and real interest rates are not unusually high by regional standards.DocumentSocial insurance in the transition to a market economy : theoretical issues with application to Moldova
Policy Research Working Papers, World Bank, 1996What is the proper mix of social insurance and social assistance in the transition economies of Eastern Europe and the former Soviet Union?Social security systems in Eastern Europe and the former Soviet Union devote most of their resources to earningsrelated pensions and neglect "targeted" interventions to aid losers from the transition to a market economy.DocumentPoverty and inequality during structural adjustment in rural Tanzania
Policy Research Working Papers, World Bank, 1996Growth attributed to structural adjustment has benefited the population generally, shifting a significant portion of the population from below the poverty line to above it.DocumentMonetary policy during transition : an overview
Policy Research Working Papers, World Bank, 1997In transition economies monetary stability goes hand in hand with adjustment in the real sectors. Subsidies and central bank support of public enterprises to help maintain employment and output are ultimately financed by creating money, reducing the options for market based monetary policy regardless of how market oriented the monetary system.DocumentInflation in nontradables and the macroeconomic policy mix : a model with policy application to transition economies
Policy Research Working Papers, World Bank, 1997How a price increase in the nontradables sector of a transition economy affects the exchange rate, relative prices, wages, and, indirectly, the movement of factors of production.DocumentHave trade policy reforms led to a greater openness in developing countries? : evidence from readily available trade data
Policy Research Working Papers, World Bank, 1997The developing countries that began trading moreopenly in the 1980s did so incrementally ,shock therapy was uncommon. Asian countries led in trade reform and openness, so their exportled growth performance was not surprising. African countries trailedin reform and have still not become as open as other countries.DocumentDebt Relief for Low-Income Countries and the HIPC Initiative
International Monetary Fund Working Papers, 1997Since the onset of the debt crisis in the early 1980s, many heavily indebted poor countries (HIPCs), continue to have difficulty in paying their external debt-service obligations, largely because of exogenous factors, imprudent debt-management policies, and the lack of sustained adjustment or implementation of structural reforms.Pages
