"Gross stocks of foreign assets have increased rapidly relative to national outputs since 1990, and the short-run capital gains and losses on those assets can a

Our Continent, Our Future presents the emerging African perspective on this complex issue. The authors use as background their own extensive experience and a co

The extensive use of the US dollar when firms set prices for international trade (dubbed dominant currency pricing) and in their funding (dominant currency fina

The current account deficit of the United States is more than six percent of its gross domestic product—an all-time high. And the rest of the world, including

This is a collection of essays offering comparative analysis of the divergent experiences of developing countries responding to economic crises by adopting macr