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 ...

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 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 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.

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

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

Capital markets integration, expanding opportunities for workers, and bigger consumer markets will allow companies to grow faster ...

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

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 ...

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 ...

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