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Most popular at the top

  • Chipping Away at Public Debtby Paolo Mauro

    Wiley 2011; US$ 45.00

    Path-breaking research on one of the most important macroeconomic policy challenges in the post-crisis world, presented in accessible language Written and researched by a team of experts from the International Monetary Fund, other policy-making institutions, and academia, this timely book looks at fiscal adjustment plans in advanced economies,... more...

  • Chipping Away at Public Debt: Sources of Failure and Keys to Success in Fiscal Adjustmentby Paolo Mauro

    International Monetary Fund 2011; US$ 22.50

    Written and researched by a team of experts from the International Monetary Fund, other policy-making institutions, and academia, this timely book looks at fiscal adjustment plans in advanced economies, comparing the planned or projected reductions in debts and deficits to the actual outcomes, and explaining why objectives were met in some cases but... more...

  • Vanishing Contagion?by Paolo Mauro

    International Monetary Fund 2006; US$ 7.50

    While a number of emerging market crises were characterized by widespread contagion during the 1990s, more recent crises (notably, in Argentina) have been mostly contained within national borders. This has led some observers to wonder whether contagion might have become a feature of the past, with markets now better discriminating between countries... more...

  • Growth: Now and Forever?by Giang Ho; Paolo Mauro

    International Monetary Fund 2014; US$ 9.00

    Forecasters often predict continued rapid economic growth into the medium and long term for countries that have recently experienced strong growth. Using long-term forecasts of economic growth from the IMF/World Bank staff Debt Sustainability Analyses for a panel of countries, we show that the baseline forecasts are more optimistic than warranted by... more...

  • Pooling Risk Among Countriesby Jean Imbs; Paolo Mauro

    International Monetary Fund 2007; US$ 9.00

    In this paper, we identify the groups of countries where international risk-sharing opportunities are most attractive. We show that the bulk of risk-sharing gains can be achieved in groups consisting of as few as seven members, and that further marginal benefits quickly become negligible. For many such small groups, the welfare gains associated with... more...

  • Renewable Resources and Renewable Energyby Paolo Fornasiero; Mauro Graziani

    CRC Press 2006; US$ 159.95

    As energy demands continue to surge worldwide, the need for more efficient and environmentally neutral energy production also becomes increasingly apparent. Renewable Resources and Renewable Energy: A Global Challenge presents a well-rounded perspective on the development of bio-based feedstocks, biodegradable plastics, hydrogen energy, fuel cells,... more...

  • Country Insurance: The Role of Domestic Policiesby Paolo Mauro; Törbjörn I. Becker; Jonathan David Ostry

    International Monetary Fund 2007; US$ 15.00

    Countries are subjected to a wide variety of shocks that often have major and enduring consequences. Against this background, mechanisms aimed at preventing such shocks from causing excessive economic disruption have the potential to provide sizable benefits for the affected countries and the global economy as a whole. This paper examines various... more...

  • Emerging Markets and Financial Globalizationby Paolo Mauro; Nathan Sussman; Yishay Yafeh

    Oxford University Press 2006; US$ 54.99

    The frequency and virulence of recent financial crises have led to calls for reform of the current international financial architecture. In an effort to learn more about today's international financial environment, the authors turn to an earlier era of financial globalization between 1870 and 1913. By examining data on sovereign bonds issued by... more...

  • How Solid Is Economic Growth in the East African Community?by Nikoloz Gigineishvili; Paolo Mauro; Ke Wang

    International Monetary Fund 2014; US$ 9.00

    Is rapid economic growth experienced by the East African Community during the past decade built on solid foundations? To gain some clues, we use a variety of newly-collected and existing data sources to analyze the structural transformation of output and exports, as well as indicators of their quality and sophistication. The move from agriculture to... more...

  • Repensar la política macroeconómica II : Ir a los detallesby Olivier Blanchard; Giovanni Dell'Ariccia; Paolo Mauro

    International Monetary Fund 2014; US$ 5.00

    En esta nota se examina cómo ha evolucionado el pensamiento económico con respecto a la gestión macroeconómica desde que se inició la crisis. Se analizan la evolución de la política monetaria, en particular las medidas no convencionales; los desafíos asociados al aumento de la deuda pública. more...