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Conditionality is a powerful instrument for stimulating reforms in recipient countries. As such, it represents an external influence to economic and legal systems of countries undergoing transition. Democratic, normative and economic conditionality influence the development of law in a...
Persistent link: https://www.econbiz.de/10013237389
Since the global financial crisis, the Global Financial Safety Net (GFSN), traditionally consisting mainly of countries' own foreign exchange reserves with the International Monetary Fund (IMF) acting as a backstop, has expanded significantly with the continued accumulation of reserves, the...
Persistent link: https://www.econbiz.de/10011810044
The World Bank is a prestigious and large international financial institution. Since its foundation it has widened the … scope and the size of its activities. One interpretation of what the World Bank is doing is the provision of public goods … more and more the functions of a world government in the making. An alternative interpretation would look at the World Bank …
Persistent link: https://www.econbiz.de/10014069851
Trade finance shortfalls now appear regularly. Does this matter for trade expansion and economic development in developing countries? Global trade finance has resumed following the 2009 global financial crisis. However, the pattern of recovery has been uneven across countries and categories of...
Persistent link: https://www.econbiz.de/10011584075
Trade finance shortfalls now appear regularly. Does this matter for trade expansion and economic development in developing countries? Global trade finance has resumed following the 2009 global financial crisis. However, the pattern of recovery has been uneven across countries and categories of...
Persistent link: https://www.econbiz.de/10011645906
Trade finance shortfalls now appear regularly. Does this matter for trade expansion and economic development in developing countries? Global trade finance has resumed following the 2009 global financial crisis. However, the pattern of recovery has been uneven across countries and categories of...
Persistent link: https://www.econbiz.de/10011631528
The United States is the largest contributor to the International Monetary Fund and the World Bank, providing resources …
Persistent link: https://www.econbiz.de/10014221304
Official (government-to-government) lending is much larger than commonly known, often surpassing total private cross-border capital flows, especially during disasters such as wars, financial crises and natural catastrophes. We assemble the first comprehensive long-run dataset of official...
Persistent link: https://www.econbiz.de/10012233649