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This paper tests the theoretical framework developed by North, Wallis and Weingast (2009) on the...

Despite uneven progress, there are early signs of improvement and macroeconomic stabilization in...

Over the past two years, ongoing political transitions in many Arab countries have led to social...

The June issue of the IMF Research Bulletin looks at the role of IMF programs and capacity...

Arab Countries in Transition (ACTs) continue to face high political uncertainty and social...

The IMF Research Bulletin, a quarterly publication, selectively summarizes research and...