|
|
|
|
Macroeconomics and Growth
|
|
|
|
| Growth is the essential ingredient for sustained poverty reduction. The research program focuses on identifying the contribution of policies and institutional changes to the diversity in growth and aggregate economic performance around the world. Studies are organized around three broad themes: foundations of growth, macroeconomic stability and international finance, and governance and political economy. | More about the program | | | Research Highlights 2007 |
 | Developing Countries: A Strategy for Macroeconomic Stability
March 7, 2008
With financial markets being in a state of turmoil, developing countries—often vulnerable to shocks from the outside that are beyond their control—are concerned about possible threats to their own macroeconomic stability. Full Text
More Featured Articles |
 | Informality among Formal Firms and Access to External Finance
February 15, 2008, Roberta Gatti & Maddalena Honorati
Recent research shows that when informality—defined as self-reported lack of tax compliance by firms—is high, access to credit is low. The observed credit constraints most likely relate to the lower value placed on balance sheets and financial disclosure by credit institutions in environments where tax evasion is diffused. Full Text
More Research Briefs |
|
|
|
|
|
|
| Macro and Growth Seminar Series |
|
|
|
|
RSS