In this note work from the end of 2001 to August 2002 is updated in an attempt to disentangle potential contagion and spillover effects of the Argentine crisis from other sources of co-movement or market volatility. We also examine the evidence on FDI flows, inquiring about potentially more...

This paper is focused only on this objective: the alleviation of regional concentrations of poverty. There are several reasons. First, judging from the public documents of multilaterals and governments, poverty reduction is often the primary objective of regional development efforts in the ECA...

Subnational governments are an important part of the public sector in the EU8 countries. They provide basic public services in both the social sectors (education, health, and social assistance) and in infrastructure (water supply, sewerage and transport). They account for about one-quarter of...