Comprehensive regulatory reforms, including a simplified and coherent national licensing and permitting policy, can help ...

Until recently, governments could postpone these choices by borrowing on convenient terms. But now, unprecedented debt levels ...

This paper presents a global empirical analysis of how industrial policies (IPs) affect patent applications, with an instrumental-variable strategy that addresses selection in policy targeting by ...

Powering Economic Development - Keynote Speech by IMF Deputy Managing Director Nigel Clarke at the Inter-America Development Bank Annual Meetings in Paraguay ...

After the global financial crisis, the monetary-fiscal policy mix was the key to preventing a more severe and persistent ...

Building foreign exchange reserves requires sound policies and takes time, but global efforts to lower the cost of holding ...

Many highly indebted advanced economies face a grim fiscal outlook. Under current policies, the public debt ratios of ...

This paper presents a nowcasting model for global trade that allows for regional dynamics and spillovers. World trade growth is driven by common global factors but also regional trends. While existing ...

This paper employs a Growth-at-Risk (GaR) framework to assess the impact of macro-financial variables on the growth rate distribution of Malta over a one-to-two-year horizon. The analysis suggests ...

This paper studies the macroeconomic consequences of undermining central bank independence through politically motivated ...

This paper examines how Malta’s justice system impacts the efficiency of debt enforcement and insolvency proceedings, with implications for credit allocation and business and investment environment.

Good afternoon, Thank you, President Letta, for the kind invitation to speak at IE University—a university that embodies exactly what Europe needs more of: entrepreneurship, ope ...