Recent Publications on Developing Countries

"Is the language of rights useful for reducing poverty?" Dec. 2023, in Making a Movement: The History and Future of Human Rights (Carr Center for Human Rights, HKS: Cambridge MA), pp. 55-56.

Resuscitating the Salter-Swan model of a small open economy,” VoxEU (CEPR), October 2023.

"How to Cope with Volatile Commodity Export Prices: Four Proposals” (pdf)  2017;  in an e-book, edited by Rabah Arezki and Raouf Boucekkine. HKS RWP17-033;  CID WP 335, 2017.

The Currency-Plus-Commodity BasketA Proposal for Exchange Rates in Oil-Exporting Countries to Accommodate Trade Shocks Automatically​,” 2018 in: Macroeconomic Institutions and Management in Resource-Rich Arab Economies, edited by K.Mohaddes, J.Nugent and H.Selim. (Oxford University Press). AbstractCID WP no  333, 2017.  Summarized in Policy Brief No. 26, June 2017, Economic Research Forum (Cairo).

"Nominal GDP Targeting for Developing Countries," with Pranjul Bhandari, 2017, Research in Economics (Elsevier vol.71, issue 3, September, pp. 491-506. Uncorrected page proofs NBER WP 20898

 "Mauritius: African Success Story,"  2016, African Successes, edited by S.Edwards, S.Johnson, & D.Weil (Univ. Chicago Press). CID WP 234. NBER WP 16569, Summarized in NBER Digest2011.  

<= Click on "Developing Countries" for older publications.

The Natural Resource CurseA Survey of Diagnoses and Some Prescriptions,” in Commodity Price Volatility and Inclusive Growth in Low-Income Countries, 2012, edited by Rabah Arezki, Catherine Patillo, Marc Quintyn & Min Zhu (International Monetary Fund: Washington DC). HKS RWP12-014. CID WP no.233

A Solution to Fiscal ProcyclicalityThe Structural Budget Institutions Pioneered by Chile,” 2013, in Fiscal Policy and Macroeconomic Performance, edited by Luis Felipe Céspedes & Jordi Galí, Series on Central Banking Analysis, and Economic Policies, vol.17, pp.323-391.  Also in Spanish translation, Journal Economía Chilena (The Chilean Economy), vol.14, no.2, August, 2011

Click on "Developing Countries" for older publications.

 

"The Curse: Why Natural Resources Are Not Always a Good Thing,”  Milken Institute Review, vol.13, no.4, 4th quarter 2011: 28-39.

"How Can Commodity Producers Make Fiscal and Monetary Policy Less Procyclical?” Beyond the Curse: Policies to Harness the Power of Natural Resources,R.Arezki, T.Gylfason & A.Sy, eds. (IMF, 2011).   HKS RWP 11-015.  KeynoteHigh Level SeminarAlgiers, 2010.

The Natural Resource Curse: A Survey,” 2012, Chapter 2 in Beyond the Resource Curse, B.Shaffer & T.Ziyadov, ed. (U.Penn.Press);  NBER WP 158362010.    WP 195, 2010CID..

"Slow Passthrough Around the World: A New Import for Developing Countries?" with David Parsley and Shang-Jin Wei, published in Open Economies Review,  vol.23, no.2 , April 2012, 213-251.  NBER WP 11199.  KSG RWP05-016  

"What Small Countries Can Teach the World," Business Economics (NABE) 47, no.2, April 2012 , pp.97-103.  HKS RWP no. 12-013. NBER Session, NABE Annual Meeting, Dallas, Sept.11, 2011.  CID WP 232. (Georgian translation.)

"Are Bilateral Remittances Countercyclical?"   Open Economies Review vol.22, No.1, Feb.2011, p.1-16.  NBER WP 15419;  CID WP No.185.  

"A Lesson from the South for Fiscal Policy in the US & Other Advanced Countries," Comparative Economic Studies 53, no.3, Sept.2011, pp.407-430.  

"Contractionary Currency Crashes in Developing Countries,"  IMF Staff Papers 52, no.2, pp 149-92  2005.  NBER WP No. 11508

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