IMF Staff Papers, Volume 57, No. 2

Author: International Monetary Fund. Research Dept.

Volume/Issue: Volume 2010 Issue 002

Publication date: June 2010

ISBN: 9781589069121

$15.00

Add to Cart by clicking price of the language and format you'd like to purchase

Available Languages and Formats


English

Topics covered in this book

This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

Banks and Banking , Exports and Imports , Inflation , Economics- Macroeconomics , Money and Monetary Policy , SP , FDI inflow , inflation expectation , trade liberalization , liberalization date , remittance shock , Bank credit , Foreign direct investment , Trade liberalization , Inflation , Real interest rates , East Asia , Global , Africa , Middle East , Southeast Asia , Trade balance , ReformsEmerging market business cycles , remittance FluctuationsStructural reform

Also of interest

IMF Staff Papers, Volume 57, No. 1

IMF Staff Papers, Volume 56, No. 4

IMF Staff Papers, Volume 56, No. 3

IMF Staff Papers, Volume 56, No. 2

Summary

This paper introduces a new database of financial reforms covering 91 economies over 1973-2005. It describes the content of the database, the information sources utilized, and the coding rules used to create an index of financial reform. It also compares the database with other measures of financial liberalization, provides descriptive statistics, and discusses some possible applications. The database provides a multifaceted measure of reform, covering seven aspects of financial sector policy. Along each dimension the database provides a graded (rather than a binary) score, and allows for reversals.