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Maximizing knowledge for development (English)

The World Bank Group (WBG) is strengthening its partnerships with upper-middle-income countries and high-income countries to leverage private and public finance, and to create knowledge and new solutions based on the experiences of graduates for the benefit of clients. ... See More +

Working Paper 125247 APR 01, 2018

Alawode,Abayomi A.; Ouazad,Amine; Arshad,Ashraf Bin; Ruggeri Laderchi,Caterina; Sitorus,Djauhari; Georgieva,Dorina Peteva; Mendez Ramos,Fabian; Govindasamy,Jeevakumar; De Luna-Martínez,José; Kelm,Kathrine M.; Sondergaard,Lars M.; Tan,Mei Ling; Amin,Mohammad; Loayza,Norman V.; Canuto,Otaviano; Record,Richard James Lowden; Ranciere,Romain; Wahba,Sameh; Schmukler,Sergio L.; Bell,Simon; Shetty,Sudhir; Kwakwa,Victoria Disclosed

Financial development, growth, and crisis: is there a trade-off ? (English)

This paper reviews the evolving literature that links financial development, financial crises, and economic growth in the past 20 years. The initial disconnect -- with one literature focusing on the effect of financial deepening on long -- run growth and another studying its impact on volatility and crisis—has given way to a more nuanced approach that analyzes the two phenomena in an integrated framework. ... See More +

Policy Research Working Paper WPS8237 NOV 07, 2017

Ranciere,Romain; Ouazad,Amine; Loayza,Norman V. Disclosed

Macroeconomic volatility and welfare in developing countries : an introduction (English)

Macroeconomic volatility, both a source and a reflection of underdevelopment, is a fundamental concern for developing countries. Their high aggregate instability results from a combination of large external shocks, volatile macroeconomic policies, microeconomic rigidities, and weak institutions. ... See More +

Journal Article 77553 SEP 01, 2007

Loayza, Norman V.; Ranciere, Romain; Serven, Luis; Ventura, Jaume Disclosed

The World Bank economic review 21 (3) (English)

This issue includes the following: macroeconomic volatility and welfare in developing countries: an introduction, by Norman V. Loayza, Romain Ranciere, Luis Servin, and Jaume Ventura. ... See More +

Publication 51344 JAN 01, 2007

Loayza, Norman V.; Ranciere, Romain; Servin, Luis; Ventura, Jaume; Raddatz, Claudio; Levchenko, Andrei A.; Mauro, Paolo; Galindo, Arturo Jose; Micco, Alegandro;; Kharroubi, Enisse; Jacoby, Hanan G.; Minten, Bart; Bandiera, Oriana; Campos, Nauro; Jolliffe, Dean; Disclosed

The overhang hangover (English)

The authors revisit the debt overhang question. They first use nonparametric techniques to isolate a panel of countries on the downward sloping section of a debt Laffer Curve. ... See More +

Policy Research Working Paper WPS3673 AUG 01, 2005

Imbs, Jean; Ranciere, Romain Disclosed