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How Does Financial Globalization Affect Risk Sharing? Patterns and Channels »
Source: How Does Financial Globalization Affect Risk Sharing? Patterns and Channels
Volume/Issue: 2007/238
Series: IMF Working Papers
Author(s): Marco Terrones , Ayhan Kose , and Eswar Prasad
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 October 2007
ISBN: 9781451868029
Keywords: risk sharing, emerging markets, financial globalization,
In theory, one of the main benefits of financial globalization is that it should allow for more efficient international risk sharing. This paper provides a comprehensive empirical evaluation of the patterns of risk...

The Prospects for Sustained Growth in Africa »
Source: The Prospects for Sustained Growth in Africa : Benchmarking the Constraints
Volume/Issue: 2007/52
Series: IMF Working Papers
Author(s): Arvind Subramanian , Jonathan Ostry , and Simon Johnson
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 March 2007
ISBN: 9781451866162
Keywords: Sustained growth, constraints, benchmark, gdp growth, growth rates, trade policies, gdp per capita, Economic Development: General, Economic Development: Regional, Urban
A dozen countries had weak institutions in 1960 and yet sustained high rates of growth subsequently. We use data on their characteristics early in the growth process to create benchmarks with which to evaluate pote...

What is Behind Latin America’s Declining Income Inequality?* »
Source: What is Behind Latin America's Declining Income Inequality?
Volume/Issue: 2014/124
Series: IMF Working Papers
Author(s): Evridiki Tsounta , and Anayochukwu Osueke
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 15 July 2014
ISBN: 9781498378581
Keywords: Gini, emerging economies, Kuznets, gini coefficient, kuznets curve, declining inequality, Personal Income and Wealth Distribution, Equity, Justice, Inequality
Income inequality in Latin America has declined during the last decade, in contrast to the experience in many other emerging and developed regions. However, Latin America remains the most unequal region in the worl...

3. Working to Support a Durable Global Recovery »
Source: International Monetary Fund Annual Report 2010 : Supporting a Balanced Global Recovery
Series: Annual Report of the Executive Board
Author(s): International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 04 October 2010
ISBN: 9781616350154
Keywords: financing, finance, debt, credit, bank
The global economy went through a period of unprecedented financial instability in 2008-09, accompanied by the worst global economic downturn and collapse in tra...