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Finance & Development
June 1, 2001
Deepak Mishra |
Private Capital Flows and Growth International capital flows have increased dramatically in recent years, but their impact on developing countries has not been clear. Do the benefits justify the costs?   |
Finance & Development
June 1, 2001
Reint Gropp & Kristina Kostial |
FDI and Corporate Tax Revenue: Tax Harmonization or Competition? OECD countries with high corporate tax rates have experienced both high net outflows of foreign direct investment and a decline in corporate tax revenue. Identification of a causal link between these two trends has implications for the debate on tax harmonization... |
Finance & Development
June 1, 2001
Paul Streeten |
Integration, Interdependence, and Globalization Although many commentators say we are living in a time of unprecedented global integration, the world economy was actually more integrated at the end of the nineteenth century. Despite increasing integration in some respects, today's world is in many ways fragmented and without coordination... |
Finance & Development
June 1, 2001
Timothy Lane & Steven Phillips |
IMF Financing and Moral Hazard Although it has been argued that IMF financing may create moral hazard, it is not easy to find clear evidence of such an effect. If the extent of IMF-induced moral hazard were known, any costs would have to be weighed against the possible benefits of IMF financing... |
Finance & Development
June 1, 2001
Gabrielle Lipworth & Jens Nystedt |
Crisis Resolution and Private Sector Adaptation The effect on existing debt of recent restructurings and rollovers is somewhat ambiguous and depends on whether positive news about individual instruments' recovery values outweighs negative news about the costs of default on them... |
Finance & Development
June 1, 2001 |
Bulletin IMFC Meeting Endorses IMF Crisis Prevention Efforts... IMF in the process of change... The IMF's Role in Poverty Reduction... IMF Acts to Streamline and Focus Conditionality... |
CIO
May 15, 2001
S. Viscasillas |
Hold that Question The WTO met earlier this month to noodle over a set of policies that would govern international e-commerce transactions... |
Salon.com
May 8, 2001
Ian Williams |
The ugly Americans Don't blame it all on Bush -- the world's grievances against the U.S. have been stewing for a long time... |
Salon.com
May 8, 2001
Joe Conason |
Bush league America's ouster from the U.N. Human Rights Commission reveals the arrogant incompetence of Bush's vaunted "wise men"... |
Finance & Development
March 1, 2001
Vito Tanzi |
Globalization and the Work of Fiscal Termites Globalization is likely over time to have a significant negative impact on countries' ability to raise revenues through their tax systems. What steps can countries take to counter this problem? |
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