Documents et rapports
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Mexico after the debt crisis : is growth sustainable? (anglais)
The story of Mexico's involvement in international capital markets is one of riches to rags and back to riches again. Four periods can be distinguished: stable, steady international borrowing through the...
Type de document: Document de travail de recherche sur les politiques Numéro du rapport: WPS1378 Date du document: 30 novembre 1994 Mode de publication: Disclosed Auteur: Oks, Daniel,van Wijnbergen, Sweder
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Ownership and corporate control in Poland : why state firms defied the odds (anglais)
Survey results in Poland indicate that hard budgets and import comeption can spur state firms to adjust even when privatization lags behind. As they examine the underpinning of Polish reform, the authors...
Type de document: Document de travail de recherche sur les politiques Numéro du rapport: WPS1308 Date du document: 30 juin 1994 Auteur: Pinto, Brian,van Wijnbergen, Sweder
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Transition problems in economic reform : agriculture in the Mexico - U.S. free trade agreement (anglais)
The authors use Mexican agriculture as a case study to analyze the transition problems that arise in most major economic reforms. They focus on the implications for policy design of the absence of efficient...
Type de document: Document de travail de recherche sur les politiques Numéro du rapport: WPS967 Date du document: 31 août 1992 Auteur: Levy, Santiago,van Wijnbergen, Sweder
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Evaluating the asset based minimum tax on corporations : an option pricing approach (anglais)
In many countries, well-meant ad hoc tax incentives proliferate over time, creating an opaque corporate tax structure and many unanticipated tax loopholes. Tax authorities in several countries have considered...
Type de document: Document de travail de recherche sur les politiques Numéro du rapport: WPS892 Date du document: 30 avril 1992 Mode de publication: Disclosed Auteur: Estache, Antonio,van Wijnbergen, Sweder
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Intertemporal substitution, risk aversion, and private savings in Mexico (anglais)
The decline in private savings since 1982 is arguably the most important problem in high debt countries. A reversal of the trend is essential if growth is to be restored. Three factors predominate : 1)...
Type de document: Document de travail de recherche sur les politiques Numéro du rapport: WPS682 Date du document: 31 mai 1991 Auteur: Arrau, Patricio,van Wijnbergen, Sweder
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Turkey : export miracle or accounting trick? (anglais)
Turkey's recovery from its debt crisis ( 1978 - 80 ) has made it the paragon of export led growth. The driving force behind the Turkish export miracle has remained a matter of debate. If what happened...
Type de document: Document de travail de recherche sur les politiques Numéro du rapport: WPS370 Date du document: 30 avril 1990 Auteur: Arslan, Ismail,van Wijnbergen, Sweder
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An option - pricing approach to secondary market debt : applied to Mexico (anglais)
This paper presents a pricing model for secondary market debt designed to assess the market value of various forms of guarantees and the impact of debt reduction on the value of remaining claims. The model...
Type de document: Document de travail de recherche sur les politiques Numéro du rapport: WPS333 Date du document: 31 janvier 1990 Auteur: Claessens,Constantijn A.,van Wijnbergen, Sweder
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Inflation, external debt, and financial sector reform : a quantitative approach to consistent fiscal policy (anglais)
The paper presents and applies an integrated framework to assess the consistency between fiscal deficits and other macroeconomic targets, in particular output growth and the rate of inflation. The model...
Type de document: Document de travail de recherche sur les politiques Numéro du rapport: WPS261 Date du document: 31 août 1989 Auteur: van Wijnbergen, Sweder,Rocha, Robert,Anand, Ritu
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On the appropriate timing and speed of economic liberalization in developing countries (anglais)
The welfare costs of intervention in international trade are firmly established theoretically and increasingly well documented empirically. The purpose of the present paper is to address some aspects of...
Type de document: Document de travail départemental Numéro du rapport: CPD8542 Date du document: 31 août 1985 Mode de publication: Disclosed Auteur: Edwards, S.,van Wijnbergen, Sweder
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Primary commodity prices, the business cycle and the real exchange rate of the dollar (anglais)
An empirical stylized fact is that primary exporters terms of trade worsen when the dollar appreciates and improves when the dollar depreciates. In our theoretical analysis, we demonstrate that a depreciation...
Type de document: Document de travail départemental Numéro du rapport: CPD8519 Date du document: 31 juillet 1985 Mode de publication: Disclosed Auteur: Fleisig, Heywood,van Wijnbergen, Sweder
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The welfare effects of trade and capital market liberalization : consequences of different sequencing scenarios (anglais)
The welfare costs of intervention in international trade are firmly established theoretically and increasingly well-documented empirically. In addressing the problems of speed and order of liberalization...
Type de document: Document de travail départemental Numéro du rapport: CPD8436 Date du document: 31 octobre 1984 Mode de publication: Disclosed Auteur: Edwards, S.,van Wijnbergen, Sweder