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Finance & Development June 1, 2000 Paul Cashin & Catherine Pattillo |
The Duration of Terms of Trade Shocks in Sub-Saharan Africa A characteristic common to the commodity-exporting developing countries of sub-Saharan Africa is that movement in their terms of trade is a key determinant of macroeconomic performance and has an important impact on real national incomes. However, there are marked differences across these countries in the typical duration of terms of trade shocks.  |
Science News July 1, 2000 Ivars Peterson |
Super Bowls and Stock Markets The super bowl as a predictive model for stock prices.  |
Wired June 2000 Edward Cone |
Cash Machine The 208-year-old State Street Corporation is using its Global Link extranet to connect customers, slam competitors, and open doors to the $100 trillion world of foreign exchange.  |
Fast Company July 2000 Seth Godin |
Change Agent The NYSE: Looking for a poster child for old-economy industries that are stuck in the headlights?  |
Inc. May 15, 2000 Gary Becker |
More and Better Markets Gary Becker, a professor of economics at the University of Chicago, explains how the rise of E-commerce influences the economy.  |
Fast Company May 2000 John Ellis |
Digital Matters "A few years from now, we'll look back on dotcom mania as a model of investment sanity and prudence."  |
Finance & Development March 1, 2000 James M. Boughton |
Michel Camdessus at the IMF: A Retrospective It may be some years until a definitive assessment of Michel Camdessus's unprecedented 13 years as Managing Director can be made. In this article, the IMF's Historian provides a preliminary evaluation.  |
Finance & Development March 1, 2000 Claudio M. Loser & Martine Guerguil |
The Long Road to Financial Stability Most countries in Latin America and the Caribbean weathered the economic crises of the late 1990s better than expected, thanks to the policy reforms of the past two decades. Further reform is urgently needed, however, to put the region on a faster growth path and reduce its vulnerability to external shocks.  |
Finance & Development March 1, 2000 Pedro Pou |
Argentina's Structural Reforms of the 1990s Argentina experienced serious economic and financial difficulties in the 1980s. Hyperinflation in 1989-90 finally elicited the necessary political consensus for reform. Despite areas of concern, structural reforms implemented in the 1990s have set Argentina on the path to sustained growth.  |
Finance & Development March 1, 2000 Arminio Fraga |
Monetary Policy During the Transition to a Floating Exchange Rate: Brazil's Recent Experience The financial crisis that erupted in Asia in 1997 quickly spread to other developing regions, as international investors panicked and pulled their capital out. In this article, the governor of Brazil's central bank outlines the steps Brazil took to avert financial disaster when inflows of private foreign capital suddenly dried up.  |
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