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The Product Space Conditions the Development of Nations
Economies grow by upgrading the products they produce and export. The technology, capital, institutions, and skills needed to make newer products are more easily adapted from some products than fromExpand
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The global gender gap report. 2010.
The Global Gender Gap Index was created with the specific purpose of being comparable across time. The 2010 Report aggregates five years of data and seeks to reveal country progress in a transparentExpand
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What You Export Matters
When local cost discovery generates knowledge spillovers, specialization patterns become partly indeterminate and the mix of goods that a country produces may have important implications for economicExpand
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Currency Mismatches, Debt Intolerance and Original Sin: Why They are Not the Same and Why it Matters
Recent years have seen the development of a large literature on balance sheet factors in emerging-market financial crises. In this paper we discuss three concepts widely used in this literature. TwoExpand
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Budget institutions and fiscal performance in Latin America
In this paper detailed information on the budget institutions of Latin American countries is collected. These institutions are classified on a hierarchical/collegial scale, as a function of theExpand
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On the determinants of Original Sin: an empirical investigation
Most countries do not borrow abroad in their own currency, a fact that has been referred to as ‘‘Original Sin’’. This paper describes the incidence of the problem and makes an attempt at uncoveringExpand
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The Roots of Banking Crises: The Macroeconomic Context
This paper discusses the ways in which macroeconomic developments can put stress on banks, and in extreme cases lead to banking crises. These macroeconomic causes of bank vulnerability and crisisExpand
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Financial Turmoil and Choice of Exchange Rate Regime
Financial turmoil is becoming a fact of life in Latin America. The 1990s have been characterized by enormous volatility in the magnitude and cost of capital flows. The correlation of capital swingsExpand
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Facing Up to Inequality in Latin America
Latin America in the 1990s remains the most unequal region in the world in terms of income distribution. Yet because of its changing demographics -declining fertility rates and large number of youngExpand
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