Mozambique is an economic success story in sub-Saharan Africa (SSA). Its remarkable achievements offer valuable lessons to other low-income countries in a post-stabilization economic phase, includin……続きを見る
The effect of exchange rate volatility on trade flows was examined by a 1984 IMF study on G-7 countries. Over the past two decades, many developments in the world economy, such as the currency crise……続きを見る
Why stable banking systems are so rare
Why are banking systems unstable in so many countriesーbut not in others? The United States has had twelve systemic banking crises since 1840, while Canada has……続きを見る
