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Long-term fiscal risks and sustainability in an oil-rich country : the case of Russia (English)

Russia entered the global crisis with strong fiscal position, low public debt, and large fiscal and monetary reserves, which helped it cushion the crisis shocks. ... See More +

Policy Research Working Paper WPS5240 MAR 01, 2010

Bogetic, Zeljko; Smits, Karlis; Budina, Nina; van Wijnbergen, Sweder Disclosed

Debt relief and beyond : lessons learned and challenges ahead (English)

Heavily indebted low-income countries benefited from significant debt relief over the past decade. Under the Heavily Indebted Poor Countries (HIPC) Initiative and the Multilateral Debt Relief Initiative (MDRI), assistance of about $117 billion in nominal terms had been committed to 35 HIPC as of end-April 2009. ... See More +

General Economy, Macroeconomics and Growth Study 51570 OCT 02, 2009

Primo Braga, Carlos A.; Domeland, Dorte Disclosed

Africa at a turning point? Growth, aid, and external shocks (English)

This book is a collection of essays that seeks to answer three interrelated sets of questions about Africa's recent growth recovery. The first set of essays addresses questions about the drivers and durability of Africa's growth. ... See More +

Publication 43976 APR 14, 2008

Go, Delfin S.; Page, John; Arbache, Jorge; Korman, Vijdan; Ye, Xiao; Chuhan-Pole, Punam; Fitzpatrick, Brendan; Devarajan, Shantayanan; Robinson, Sherman; Thierfelder, Karen; Lofgren, Hans; Diaz-Bonilla, Carolina; Ratha, Dilip; Mohapatra, Sanket; Plaza, Sonia; Raddatz, Claudio; Devlin, Julia; Lewin, Michael; Ranaweera, Thilakaratna; Budina, Nina; van Wijnbergen, Sweder; Andriamihaja, Noro; Vecchi, Giovanni; Essama-Nssah, B.; Kearney, Marna Disclosed

Nigeria's growth record : Dutch disease or debt overhang ? (English)

Nigeria's oil boom has not brought an end to perennial stagnation in the non-oil economy. Is this the unavoidable consequence of the resource boom or have misguided policies contributed? ... See More +

Policy Research Working Paper WPS4256 JUN 01, 2007

Budina, Nina; Pang, Gaobo; van Wijnbergen, Sweder Disclosed