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The political economy of development
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The World Bank Group. Global Development Finance 1998

References

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ADB (Asian Development Bank) and World Bank. Forthcoming. Managing Private Capital Flows in Asia: Lessons and New Challenges. Washington, D.C.

Agtmael, Antoine W. van. 1984. Emerging Securities Markets: Investment Banking Opportunities in the Developing World. London: Euromoney Publications.

Anand, Ritu, and Sweder van Wijnbergen. 1998. "Inflation and the Financing of Government Expenditure: An Introductory Analysis with an Application to Turkey." The World Bank Economic Review 3(1): 17–38

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———. 1997. International Banking and Financial Market Developments. Basle, Switzerland.

———. Various issues. The Maturity, Sectoral and Nationality Distribution of International Bank Lending. Basle, Switzerland.

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Boone, Peter. 1996. "Politics and the Effectiveness of Aid." European Economic Review 40: 289–329.

Burnside, Craig, and David Dollar. 1997 "Aid Spurs Growth—In a Sound Policy Environment" Finance and Development 34(4): 4–7.

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Calvo, Guillermo, and Pablo Guidotti. 1993. "Management of the Nominal Public Debt: Theory and Applications." In Harrie Verbon and Frans van Winden, eds., The Political Economy of Government Debt. Amsterdam: North-Holland.

Claessens, Stijn, and Tom Glaessner. 1997. Are Financial Sector Weaknesses Undermining the East Asian Miracle? A Directions in Development book. Washington, D.C.: World Bank.

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———. 1996 "The Sustainability of African Debt." Policy Research Working Paper 1621. World Bank, Washington, D.C.

———. 1997. "Growth and External Debt: A New Perspective on the African and Latin American Tragedies." CEPR Discussion Paper 1753. Center for Economic Policy Research, London.

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Eichengreen, Barry, Andrew Rose, and Charles Wyplosz. 1995. "Exchange Market Mayhem: The Antecedents and Aftermath of Speculative Attacks." Economic Policy 21(October): 249–312.

Frankel, Jeffrey, and Andrew Rose. 1996. "Exchange Rate Crashes in Emerging Markets: An Empirical Treatment." Journal of International Economics 41(November): 351–66.

Frey, Bruno, and Friedrich Schneider. 1986. "Competing Models of International Lending Activity." Journal of Development Economics 20(March): 225–45.

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Gelb, Alan, and Patrick Honohan. 1989. "Financial Sector Reforms in Adjustment Programs." Policy Research Working Paper 169. World Bank, Washington, D.C.

Guidotti, Pablo E., and Manmohan S. Kumar. 1991. "Domestic Public Debt of Externally Indebted Countries." IMF Occasional Paper 80. International Monetary Fund, Washington, D.C.

Hadjimichael, Michael, Dhaneshwar Ghura, Martin MŸhleisen, Roger Nord, and E. Murat U=er. 1995. "Sub-Saharan Africa: Growth, Savings and Investment, 1986–93." IMF Occasional Paper 118. International Monetary Fund, Washington, D.C.

Hein, Simeon. 1992. "Trade Strategy and the Dependency Hypothesis: A Comparison of Policy, Foreign Investment, and Economic Growth in Latin America and East Asia." Economic Development and Cultural Change 40: 495–521.

Helpman, Elhanan. 1984. "A Simple Theory of International Trade with Multinational Corporations." Journal of Political Economy 92(3): 451–71.

IFC (International Finance Corporation). 1997. Emerging Stock Markets Factbook. Washington, D.C.

IMF (International Monetary Fund). 1997. International Capital Markets: Developments, Prospects, and Key Policy Issues. Washington, D.C.

International Federation of Stock Exchanges. 1996. Annual Report. Paris.

Kamin, Steven. 1988. "Devaluation, External Balance and Macroeconomic Performance: A Look at the Numbers." Princeton Studies in International Finance 62. Princeton University, Princeton, N.J.

Kaminsky, Graciela. 1997. "Leading Indicators of Currency Crises." IMF Working Paper 97/79. International Monetary Fund, Washington, D.C.

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Kaminsky, Graciela, Saul Lizondo, and Carmen M. Reinhart. 1997. "Leading Indicators of Currency Crises." International Monetary Fund, Washington, D.C.

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Khan, Mohsin S., and Carmen M. Reinhart, eds. 1995. Capital Flows in the APEC Region. Washington, D.C.: International Monetary Fund.

Killick, Tony. 1991. "The Developmental Effectiveness of Aid to Africa." Policy Research Working Paper 646. World Bank, Washington, D.C.

Klein, Michael, and Nancy Marion. 1994. "Explaining the Duration of Exchange Rate Pegs." NBER Working Paper 4651. National Bureau of Economic Research, Cambridge, Mass.

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Krugman, Paul. 1979. "A Model of Balance of Payments Crises." Journal of Money, Credit and Banking 11: 311–25.

———. 1998. "What Happened to Asia?" Massachusetts Institute of Technology, Cambridge, Mass.

Levy, Victor. 1988. "Aid and Growth in Sub-Saharan Africa: The Recent Experience." European Economic Review 32(9): 1777–95.

Lizondo, Saul. 1990. "Foreign Direct Investment." IMF Working Paper 90/63. International Monetary Fund, Washington, D.C.

Maizels, Alfred, and Machiko Nissanke. 1984. "Motivations for Aid to Developing Countries." World Development 12(9) 879–900.

Markusen, James R. 1983. "Factor Movements and Commodity Trade as Complements." Journal of International Economics 14: 341–56.

McKinlay, Robert, and Richard Little. 1978. "The French Aid Relationship: A Foreign Policy Model of the Distribution of French Bilateral Aid: 1964–1970." Development and Change 9: 459–78.

McKinnon, Ronald. 1988. "Financial Liberalization in Retrospect: Interest Rate Policies in LDCs." In Gustav Ranis and T. Paul Schultz, eds., The State of Development Economics: Progress and Perspectives. Oxford: Basil Blackwell.

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Oshikoya, Temitope. 1994. "Macroeconomic Determinants of Domestic Private Investment in Africa: An Empirical Analysis." Economic Development and Cultural Change 42(3). 573–96.

Pearce, D. R. 1993. The Growth and Evolution of Multinational Enterprise: Patterns of Geographical and Industrial Diversification. Aldershot, U.K.: Edward Elger.

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Sachs, Jeffrey D., Aaron Tornell, and Andrés Velasco. 1996. "The Collapse of the Mexican Peso: What Have We Learned?" Economic Policy 22: 13–64.

———. 1996. "Financial Crises in Emerging Markets: The Lessons from 1995." Brookings Papers on Economic Activity 1. Washington, D.C.: The Brookings Institution.

Savvides, Andreas. 1992. "Investment Slowdown in Developing Countries during the 1980s: Debt Overhang or Foreign Capital Inflows?" Kyklos 45(3): 363–78.

Schwert, G. William. 1997. "Stock Market Volatility: Ten Years after the Crash." Paper presented at the Brookings Institution and Wharton Financial Institutions Center first annual conference on financial services, October 29–30, Washington, D.C.

Shiller, Robert J. 1989. Market Volatility. Cambridge, Mass.: MIT Press.

Stiglitz, Joseph E. 1988. "On the Relevance or Irrelevance of Public Financial Policy." In Kenneth J. Arrow and Michael J. Boskin, eds., The Economics of Public Debt. New York: St. Martin’s Press.

Tanzi, Vito, and Mario I. Blejer. 1988. "Public Debt and Fiscal Policy in Developing Countries." In Kenneth J. Arrow and Michael J. Boskin, eds., The Economics of Public Debt. New York: St. Martin’s Press.

Taylor, Mark, and Lucio Sarno. 1997. "Capital Flows to Developing Countries: Long- and Short-Term Determinants." The World Bank Economic Review 11(3): 451–70.

Trumbull, Wiliam, and Howard Wall. 1994. "Estimating Aid-Allocation Criteria with Panel Data." Economic Journal 104: 876–82.

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UNCTAD (United Nations Conference on Trade and Development). Various years. World Investment Report. New York.

UNCTAD (United Nations Conference on Trade and Development) and Arthur Andersen. 1997. International Investment Towards the Year 2001. New York.

Underwood, John. 1990. "The Sustainability of International Debt." World Bank, Washington, D.C.

United Nations Centre on Transnational Corporations. 1992. The Determinants of Foreign Direct Investment: A Survey of the Evidence. New York.

United Nations Economic and Social Council. 1993. "Transnational Corporations in Services, including Banking: Issues Related to the Liberalization of Foreign Direct Investment in Services." Report of the Secretary-General. United Nations, New York.

United Nations Transnational Corporations and Management Division. 1993. "The Transnationalization of Service Industries: An Empirical Analysis of the Determinants of Foreign Direct Investment by Transnational Service Corporations." United Nations, New York.

Working Party on Financial Stability in Emerging Market Economies. 1997. Financial Stability in Emerging Market Economies: A Strategy for the Formulation, Adoption and Implementation of Sound Principles and Practices to Strengthen Financial Systems. Basle, Switzerland: Bank for International Settlements.

World Bank. 1995. The Emerging Asian Bond Market. Washington, D.C.

———. 1996. Poverty Reduction and the World Bank: Progress and Challenges in the 1990s. Washington, D.C.

———. 1997a. Evaluation Results, 1995. Operations Evaluation Department, Washington, D.C.

———. 1997b. Global Economic Prospects and the Developing Countries 1997. Washington, D.C.

———. 1997c. Private Capital Flows to Developing Countries: The Road to Financial Integration. A Policy Research Report. Washington, D.C.

———. 1997d. World Development Indicators 1997. Washington, D.C.

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