"This paper examines the effects of inflation targeting on industrial and emerging economies' output growth over the "globalization years" of 1986-2004. Controlling for trade openness and two indicators of financial globalization, the authors find systematic positive and significant effects of...

"Majnoni, Miller, and Powell propose an integrated approach to minimum bank capital and loan loss reserves regulation. They break new ground in two main areas. First, the authors provide an explicit measurement of the credit loss distribution for a sample of emerging countries providing a...

This assessment reviews earnings and employment outcomes in Colombia, Tunisia, and Turkey during 1998-2007, as well as five policy areas (the MILES framework) likely to affect those outcomes: macroeconomic conditions, investment climate, labor regulations, education, and social protection....