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Euro currency risk and the geography of debt flows to peripheral European monetary union members (English)

The pattern of debt flows to peripheral European Monetary Union members seems puzzling: they are mostly indirect and channeled through the large countries of the European Monetary Union. ... See More +

Policy Research Working Paper WPS7738 JUN 30, 2016

Ersal-Kiziler,Eylem; Nguyen,Ha Minh Disclosed

International Bank for Reconstruction and Development (IBRD) Board of Governors resolution ; no. 648 : transfer from surplus to replenish the trust fund for Gaza and West Bank (English)

On June 24, 2016, International Bank for Reconstruction and Development (IBRD) Board of Governors adopted resolution number six hundred and forty-eight. ... See More +

Board Report 106631 JUN 24, 2016

Disclosed

Do fiscal multipliers depend on fiscal positions ? (English)

This paper analyzes the relationship between fiscal multipliers and fiscal positions of governments using an Interactive Panel Vector Auto Regression model and a large data-set of advanced and developing economies. ... See More +

Policy Research Working Paper WPS7724 JUN 22, 2016

Huidrom,Raju; Kose,Ayhan; Lim,Jamus Jerome; Ohnsorge,Franziska Lieselotte Disclosed

Challenges of fiscal policy in emerging and developing economies (English)

This paper presents a systematic analysis of the availability and use of fiscal space in emerging and developing economies. These economies built fiscal space in the run-up to the Great Recession of 2008-09, which was then used for stimulus. ... See More +

Policy Research Working Paper WPS7725 JUN 22, 2016

Huidrom,Raju; Kose,Ayhan; Ohnsorge,Franziska Lieselotte Disclosed

Inflation targeting and exchange rate volatility in emerging markets (English)

The paper investigates the relevance of the exchange rate on the reaction function of the central banks of 24 emerging market economies for the period 2000Q1 to 2015Q2. ... See More +

Policy Research Working Paper WPS7712 JUN 20, 2016

Cabral,Rene; Carneiro,Francisco Galrao; Mollick,Andre Varella Disclosed

Openness, specialization, and the external vulnerability of developing countries (English)

Deepening real and financial integration of developing countries into the world economy has prompted renewed interest in the contribution of external shocks to their macroeconomic fluctuations. ... See More +

Policy Research Working Paper WPS7711 JUN 20, 2016

Barrot Araya,Luis Diego; Calderon,Cesar; Serven,Luis Disclosed

Global economic prospects : divergences and risks (English)

Growth prospects have weakened throughout the world economy. Global growth for 2016 is projected at 2.4 percent, unchanged from the disappointing pace of 2015, and 0.5 percentage point below the January forecast. ... See More +

Board Report 106262 JUN 01, 2016

Disclosed

Zambia economic brief : beating the slowdown - making every kwacha count (English)

The external environment confronting Sub-Saharan Africa (SSA) is expected to remain difficult in the near term. Commodity prices are expected to remain low, and in 2016, growth in the region isforecast to drop to 2.5 percent from 3.0 percent in 2015 (World Bank forecast). ... See More +

Working Paper 106508 JUN 01, 2016

Disclosed

Estimating an equilibrium exchange rate for the Argentine Peso (English)

This paper assesses the equilibrium value of the Argentine peso exchange rate based on the country's economic fundamentals and compares it with the official exchange rate value. ... See More +

Policy Research Working Paper WPS7682 MAY 24, 2016

Coppola,Andrea; Lagerborg,Andresa; Mustafaoglu,Zafer Disclosed

Money demand in the Arab Republic of Egypt : a vector equilibrium correction model (English)

Money demand is critical for defining monetary policy options and is not driven necessarily by developed country standards of transaction demand, speculation motive, and opportunity costs grounded by fully functioning financial markets. ... See More +

Policy Research Working Paper WPS7679 MAY 18, 2016

Rostom,Ahmed Mohamed Tawfick Disclosed

Nepal development update : remittances at risk (English)

Working Paper 106393 MAY 01, 2016

Cosic,Damir; Bajracharya,Roshan Darshan; Dahal,Sudyumna; Rana,Saurav Shamsher J.B. Disclosed

Myanmar economic monitor (English)

After two years of strong economic growth and macroeconomic stability, Myanmar faced a more difficult economic environment in 2015-2016. In 2015-2016, economic growth in Myanmar eased to 7 percent amid a supply shock from heavy flooding, a slowdown in new investment flows during an election year, and a more challenging external environment including lower commodity prices affecting Myanmar’s main exports. ... See More +

Working Paper 105944 MAY 01, 2016

Rab,Habib Nasser; Drees-Gross,Alexandra L.; Ariyapruchya,Kiatipong; Zin,May Thet; Zorya,Sergiy; Chavapricha,Rome Disclosed

The World Bank’s risk framework for operations : update on the first year of implementation (English)

This paper provides an update to Management and the Board on the first year of implementation of the World Bank’s new Framework for the Management of Risk in Operations and describes the institutional arrangements and systems introduced to monitor and manage the Framework. ... See More +

Board Report 105090 APR 20, 2016

Disclosed

Statement by Hon. Matia Kasaija at the 93rd meeting of the Development Committee held on April 16, 2016 (English)

This is a statement by Mr. Matia Kasaija, Minister of Finance, Planning, and Economic Development at the ninety-third meeting of the Development Committee held on April 16, 2016. ... See More +

Board Report 104896 APR 16, 2016

Disclosed

Statement by Mukhisa Kituyi, Secretary-General at the 93rd meeting of the Development Committee held on April 16, 2016 (English)

This is a statement by Mukhisa Kituyi, Secretary-General at the 93rd meeting of the Development Committee held on April 16, 2016. Global output is set to grow in 2016 at a rate close to 2.4 per cent, which is around the average for the past 6 years. ... See More +

Board Report 104879 APR 16, 2016

Disclosed

Managing sudden stops (English)

The recent reversal of capital flows to emerging markets has pointed up the continuing relevance of the sudden stop problem. This paper analyzes the sudden stops in capital flows to emerging markets since 1991. ... See More +

Policy Research Working Paper WPS7639 APR 13, 2016

Eichengreen,Barry J.; Gupta,Poonam Disclosed

The empirical landscape of trade policy (English)

This paper surveys empirically the broad features of trade policy in goods for 31 major economies that collectively represented 83 percent of the world's population and 91 percent of the world's GDP in 2013. ... See More +

Policy Research Working Paper WPS7620 APR 04, 2016

Bown,Chad P.; Crowley,Meredith A Disclosed

Syria : reconstruction for peace (English)

This report explores the plight of Syrian refugees and of the Syrian people more generally. Those coming to Europe are the tip of the iceberg, representing a mere 10 percent of registered refugees. ... See More +

Working Paper 104577 APR 01, 2016

Devarajan,Shantayanan; Mottaghi,Lili; Do,Quy-Toan; Abdel Jelil,Mohamed Arabic, French Disclosed

Fading tailwinds (English)

South Asia shows continued resilience in the face of turbulent international markets, maintaining its spot as the fastest-growing region in the world. ... See More +

Publication 104775 APR 01, 2016

Kitzmuller,Markus Disclosed

Russia economic report : The long journey to recovery (English)

Working Paper (Numbered Series) 104825 APR 01, 2016

Russian Disclosed

Title Document Date Report No. Document Type Also available in
Euro currency risk and the geography of debt flows to peripheral European monetary union members (English)
See More +
JUN 30, 2016 WPS7738 Policy Research Working Paper
International Bank for Reconstruction and Development (IBRD) Board of Governors resolution ; no. 648 : transfer from surplus to replenish the trust fund for Gaza and West Bank (English)
See More +
JUN 24, 2016 106631 Board Report
Do fiscal multipliers depend on fiscal positions ? (English)
See More +
JUN 22, 2016 WPS7724 Policy Research Working Paper
Challenges of fiscal policy in emerging and developing economies (English)
See More +
JUN 22, 2016 WPS7725 Policy Research Working Paper
Inflation targeting and exchange rate volatility in emerging markets (English)
See More +
JUN 20, 2016 WPS7712 Policy Research Working Paper
Openness, specialization, and the external vulnerability of developing countries (English)
See More +
JUN 20, 2016 WPS7711 Policy Research Working Paper
Global economic prospects : divergences and risks (English)
See More +
JUN 01, 2016 106262 Board Report
Zambia economic brief : beating the slowdown - making every kwacha count (English)
See More +
JUN 01, 2016 106508 Working Paper
Estimating an equilibrium exchange rate for the Argentine Peso (English)
See More +
MAY 24, 2016 WPS7682 Policy Research Working Paper
Money demand in the Arab Republic of Egypt : a vector equilibrium correction model (English)
See More +
MAY 18, 2016 WPS7679 Policy Research Working Paper
Nepal development update : remittances at risk (English)
See More +
MAY 01, 2016 106393 Working Paper
Myanmar economic monitor (English)
See More +
MAY 01, 2016 105944 Working Paper
The World Bank’s risk framework for operations : update on the first year of implementation (English)
See More +
APR 20, 2016 105090 Board Report
Statement by Hon. Matia Kasaija at the 93rd meeting of the Development Committee held on April 16, 2016 (English)
See More +
APR 16, 2016 104896 Board Report
Statement by Mukhisa Kituyi, Secretary-General at the 93rd meeting of the Development Committee held on April 16, 2016 (English)
See More +
APR 16, 2016 104879 Board Report
Managing sudden stops (English)
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APR 13, 2016 WPS7639 Policy Research Working Paper
The empirical landscape of trade policy (English)
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APR 04, 2016 WPS7620 Policy Research Working Paper
Syria : reconstruction for peace (English)
See More +
APR 01, 2016 104577 Working Paper Arabic, French
Fading tailwinds (English)
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APR 01, 2016 104775 Publication
Russia economic report : The long journey to recovery (English)
See More +
APR 01, 2016 104825 Working Paper (Numbered Series) Russian