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Keywords:Developing countries 

Journal Article
Issues in financial institution capital in emerging market economies

This paper was presented at the conference "Financial services at the crossroads: capital regulation in the twenty-first century" as part of session 6, "The role of capital regulation in bank supervision." The conference, held at the Federal Reserve Bank of New York on February 26-27, 1998, was designed to encourage a consensus between the public and private sectors on an agenda for capital regulation in the new century.
Economic Policy Review , Volume 4 , Issue Oct , Pages 213-223

Journal Article
Tax reform in newly emerging market economies

Unlike the American Revolution, which started with cries of "no taxation without representation," the overthrow of political and economic systems in Central and Eastern Europe did not have taxes at its forefront. Under socialism, taxes had been invisible to much of the population. They were part of an elaborate framework of central planning, rather than a separate, distinguishable element in the lives of typical citizens. ; This article examines how tax structures have fared in the context of broader changes in Central and Eastern Europe. It investigates the extent to which these tax ...
New England Economic Review , Issue Nov , Pages 3-17

The road to recovery: Puerto Rico and the mainland

Remarks at E-3 Summit of the Americas: Export Trade Basics Forum 101, San Juan, Puerto Rico.
Speech , Paper 50

U.S.economic policy in a global context

Remarks by President Dudley at the Foreign Policy Association Corporate Dinner, New York City.
Speech , Paper 55

When is U.S. bank lending to emerging markets volatile?

Using bank-specific data on U.S. bank claims on individual foreign countries since the mid-1980s, this paper 1) characterizes the size and portfolio diversification patterns of the U.S. banks engaging in foreign lending, and 2) econometrically explores the determinants of fluctuations in U.S. bank claims on a broad set of countries. U.S. bank claims on Latin American and Asian emerging markets, and on industrialized countries, are sensitive to U.S. macroeconomic conditions. When the United States grows rapidly, there is substitution between claims on industrialized countries and claims on the ...
Staff Reports , Paper 119

Journal Article
Recent U.S. export performance in the developing world

U.S. exports to developing countries have grown remarkably in recent years, far outpacing our sales increases to the industrial world. The author seeks explanations for this strong performance in the traditional determinants of export growthrelative prices and income growthand in other factors linking world economic conditions to developing country demand for U.S. goods.
Quarterly Review , Volume 17 , Issue Win

Journal Article
Recent trade liberalization in developing countries: the effects on global trade and output

Many developing countries are currently easing import tariffs and other barriers to trade. This article estimates the impact of these reforms on international trade flows and global output under alternative assumptions about the ability of developing countries to finance increased import purchases. Particular attention is given to the effect of these reforms on the U.S. economy. The author also considers how the trade policies of the United States and other industrialized countries may influence the trade and output effects of the reforms.
Quarterly Review , Volume 18 , Issue Aut

Journal Article
Emerging equity markets in the global economy

Developing-country equity markets have changed greatly in the last several years. The author examines recent structural reforms and their effects on equity portfolio inflows in several of the most highly capitalized emerging equity markets. He also analyzes broad trends in these markets, giving particular attention to the integration of the markets with the global financial system.
Quarterly Review , Volume 18 , Issue Sum

Journal Article
Debt reduction and market reentry under the Brady plan

In March 1989, U.S. Treasury Secretary Brady proposed a new approach to resolving the developing country debt problem and restoring the creditworthiness of restructuring countries. The Brady Plan encouraged market-based reductions in debt and debt service for countries implementing economic reforms. This article analyzes the structure of the financial packages that followed this change in approach and considers their impact on countries and their creditors.
Quarterly Review , Volume 18 , Issue Win

Journal Article
The effectiveness of tax amnesty programs in selected countries

Quarterly Review , Volume 14 , Issue Aut



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Kamin, Steven B. 8 items

Moreno, Ramon 7 items

Hutchison, Michael M. 5 items

Cheng, Hang-Sheng 4 items

Glick, Reuven 4 items

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