"In 2006, the Wall Street pioneer and philanthropist Ray Chambers flicked through some holiday snapshots taken by his friend, development economist Jeff Sachs, and remarked on the placid beauty of a group of sleeping Malawian children. 'They're not sleeping, ' Sachs told him. 'T…
Before the onset of the global financial crisis in late 2008, countries in Eastern Europe and Central Asia (ECA) experienced strong economic growth. Demand for electricity increased steadily with gross domestic product (GDP). GDP grew, on average, 6.5 percent between 2000 and 20…
Bank research projects investigate a broad range of issues in wide variety of settings. This volume reports on research projects initiated, under way or completed in fiscal 1999 (July 1, 1998, through June 30, 1999), The abstracts in the volume describe, for each project, the qu…
Bank research projects investigate a broad range of issues in wide variety of settings. This volume reports on research projects initiated, under way or completed in fiscal 1999 (July 1, 1998, through June 30, 1999), The abstracts in the volume describe, for each project, the qu…
Strong institutions and operational are essential for monetary and financial stability, and hence for economic growth. Even where there is full commitment to sound policies, a country may not succeed in achieving its objectives if the right institutions are not in place, or if t…
This book includes 21 case studies of technical assistance provided by the IMF's former Monetary and Financial Systems Department during 2003-06. These studies cover issues related to monetary policy and operations, financial markets, payment systems, and financial regulation an…
This book includes 21 case studies of technical assistance provided by the IMF's former Monetary and Financial Systems Department during 2003-06. These studies cover issues related to monetary policy and operations, financial markets, payment systems, and financial regulation an…
Strong institutions and operational are essential for monetary and financial stability, and hence for economic growth. Even where there is full commitment to sound policies, a country may not succeed in achieving its objectives if the right institutions are not in place, or if t…