Macroeconomic Issues

CAPITAL FLOWS AND EXTERNAL SHOCKS

Real Shocks and Financial Crises in Emerging Markets (Daniel 2003)

Macro-Economic Modelling of South Asian Economies with Intra-SAARC Trade Link- SANEI (Gharana 2000)

The Response of the Current Account to Terms of Trade Shocks: Persistence Matters - IMF (Kent and Cashin 2003)

Current Accounts - What is Their Relevance for Economic Policymaking?- IMF (Knight and Scacciavillani 1998)

Capital Flows and Their Macroeconomic Effects in India - IMF (Kohli 2002)

Export Growth in India: Has FDI Played a Role? (Sharma 2000)

Fiscal Policy Response to Global Shocks in OECD Countries - Queen's University (Zhu and Ellis 2000)

DEBTS AND DEFICITS

Fiscal Deficits and Growth in Developing Countries- University of Oxford (Adams and Bevan 2002)

Why is it so Hard to Finance Budget Deficits? Problems of a Developing Country - IMF (Feltenstein and Iwata 2002)

Towards Balance in Aid Relationships: Donor Performance Monitoring in Low-Income Developing Countries - CIS (Helleiner 2000)

Crisis Revolution in the Context of Sovereign Debt Restructuring (

IMF 2003)

How Does Conditional Aid (Not) Work? - IMF (Ramcharan 2002)

Improving the Sovereign Debt Restructuring Process: Problems in Restructuring, Proposed Solutions, and a Roadmap for Reform (Roubini and Setser 2003)

EXCHANGE RATE

PPP Tests in Cointegrated Panels: Evidence from Asian Developing Countries - York University (Basher and Mohsin 2002)

What Caused the 1991 Currency Crisis in India? (Cerra and Saxena 2002)

On a Method of Calculating Regional Price Differentials with Illustrative Evidence from India (Coondo, Majumder and Ray 2001)

Exchange Rate Regime and Monetary Policy Rules for Emerging Markets - University of British Columbia (Devereux and Lane 2003)

Exchange Rate Responses to Inflation in Bangladesh - IMF (Hossain 2002)

Financial Repression and Exchange Rate Management in Developing Countries: Theory and Empirical Evidence for India - IMF (Kohli and Kletzer 2001)

Nominal Effective Exchange Rate and Trade Balance Adjustment in South Asia Countries (Lal and Lowinger 2002)

Exchange Rates and Adjustment: Perspectives from the New Open Economy Macroeconomics (Obstfeld 2002)

A Political-Economic Model of the Choice of Exchange Rate Regime - IMF (Sun 2002)

Short and Long Run Decompositions of OECD Wage Inequality Changes- University of Western Ontario (Whalley and Edwards 2003)

FOREIGN DIRECT INVESTMENT AND MULTINATIONAL CORPORATIONS

Sino-Indian Liberalization: The Role of Trade and Foreign Investment (Bhalla 1998)

PRIVATIZATION

PRODUCTIVITY

Why Do Many Disinflations Fail? The Importance of Luck, Timing, and Political Institutions - IMF (Hamann and Prati 2002)

Why Infrastructure Financing Facilities Often Fall Short of Their Objectives - WB (Klingebiel and Ruster 2000)

Monetary Cooperation in South Asia- SANEI (Kurukulasuriya, Jayasuria, Khaliwada and Maskay 2003)

Size-Structure of Manufacturing Establishments and the Productivity Differentials between Large and Small Firms: A Comparative Study of Asian Economies - CIS (Mazumdar 1998)

Economics of Pensions and Social Security in South Asia : Special Focus on India , Sri Lanka and Bangladesh- SANEI (Rajan, Gunatilleke, Perera and Begum 2002)

The Sri Lankan Unemployment Problem Revisited - WB (Rama 1999)

Economics of Pension and Social Security in South Asia : Special Focus on Pakistan and Nepal- SANEI (Shrestha, Satyal, Mahmood and Nasir 2003)

ROLE OF THE WORLD BANK AND THE IMF

Budget Support Versus Project Aid - IMF (Cordella and Dell'Ariccia 2003)

The Millenium Development Goals, the Emerging Framework for Capacity Building, and the Role of the IMF - IMF (Hakura and Nsouli 2003)

Through A Glass Darkly: New Questions (And Answers) About IMF Programs - Wellesley College Working Paper (Joyce 2002)

Catalyzing Capital Flows: Do IMF-Supported Programs Work as Commitment Devices? - IMF (Mody and Saravia 2003)

SAVINGS AND INVESTMENT

Precautionary Saving from Different Sources of Income: Evidence from Rural Pakistan - WB (Adams 2002)

MARKET ACCESS AND TERMS OF TRADE