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1.
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A common presumption is that decentralization is prone to a potential pitfall owing
to the greater vulnerability of local governments to capture by local elites. We
inves [...]
English |
1999-12 |
Working or Discussion Paper |
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2.
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This two-part paper provides a theoretical framework for appraising trade-offs between
alternative methods of delegating authority over the delivery of public services, o [...]
English |
1998-12 |
Working or Discussion Paper |
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3.
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This paper surveys aspects of the empirical and theoretical debate over the effects of foreign
resource inflows on the national saving, investment, and growth of developi [...]
English |
1998-05 |
Working or Discussion Paper |
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4.
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When asymmetry or non-verifiability of information, or non-excludability of users, makes
contracts incomplete or unenforceable, and where for these and other reasons ther [...]
English |
1998-04 |
Working or Discussion Paper |
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5.
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How will countries handle idiosyncratic national macroeconomic shocks under the European
single currency? The ways in which European countries now react to internally asy [...]
English |
1998-03 |
Working or Discussion Paper |
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6.
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This paper examines the extent to which speculation against the French franc in 1992-93 was
motivated by the fundamentals or resulted from a sunspot phenomenon. We develo [...]
English |
1997-10 |
Working or Discussion Paper |
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7.
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In this paper I consider the connections between the exchange rate and the financial
system, focusing on the implications of international monetary arrangements for the s [...]
English |
1997-06 |
Working or Discussion Paper |
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8.
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This paper assesses the legacy of the Marshall Plan on the occasion of the 50th anniversary of
General George Marshall's historic commencement address at Harvard Universi [...]
English |
1997-06 |
Working or Discussion Paper |
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9.
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The long-run economic performance of Argentina since World War One has been relatively disappointing
until recently. Yet, in the interwar period, signs of future retardat [...]
English |
1997-06 |
Working or Discussion Paper |
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10.
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We propose that analysis of purchasing power parity (PPP) and the law of one price (LOOP)
should explicitly take into account the possibility of "commodity points" -- thr [...]
English |
1997-05 |
Working or Discussion Paper |
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