Information about Asia and the Pacific Asia y el Pacífico
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Recent Publications

International Monetary Fund. External Relations Dept.
Published Date:
January 1999
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Information about Asia and the Pacific Asia y el Pacífico
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IMF Economic Reviews (free)

IMF Economic Reviews 1998: 3. Compilation of Public Information Notices (PINs) covering September-December 1998.

Staff Papers

Staff Papers, Vol. 45, No. 4 (December 1998) ($54.00 for four issues; $27.00, academic rate).

Working Papers ($7.00)

98/166: Economic Determinants of Government Subsidies, Benedict Clements and others. Provides an empirical analysis of the determinants of government subsidies using panel data for 40 countries during 1975-92.

98/167:The Decline of Traditional Sectors in Israel: The Role of the Exchange Rate and the Minimum Wage, Eric V. Clifton. Examines the role of exchange rate appreciation and the minimum wage in the relative decline of traditional sectors in Israel.

98/168:Managing Capital Flows: Lessons from the Experience of Chile, Bernard Laurens and Jaime Cardoso. Reviews Chile’s experience in managing short-term capital flows and draws lessons for policymakers.

98/169:Do IMF-Supported Programs Work? A Survey of the Cross-Country Empirical Evidence, Nadeem Ul Haque and Mohsin S. Khan. Reviews cross-country studies and finds that IMF-supported programs have generally helped stabilize an economy.

98/170:Monetary Policy in the Aftermath of Currency Crises: The Case of Asia, Ilan Goldfajn and Taimur Baig. Evaluates monetary policy and its relationship with the exchange rate in five Asian crisis countries.

98/171:Private Saving in Colombia, Alejandro López-Mejia and Juan Ricardo Ortega. Studies the main determinants of the sharp decline in Colombia’s private savings in the 1990s.

98/172:International Capital Flows and National Creditworthiness: Do the Fundamental Things Apply as Time Goes By? Paul Cashin and C. John McDermott. Examines whether Australia’s pattern of international borrowing in its post-capital-controls period was optimal.

98/173:Fixed-Income Markets in the United States, Europe, and Japan: Some Lessons for Emerging Markets, Garry J. Schinasi and R. Todd Smith. Identifies factors contributing to the development and effectiveness of debt securities markets in the major advanced economies.

98/174:The Wage Bargaining Structure in Norway and Sweden and Its Influence on Real Wage Developments, by Alun Thomas. Investigates the determinants of wages in the tradables and services sectors in Norway and Sweden.

98/175:Export Credit Agencies, Trade Finance, and South East Asia, Malcolm Stephens. Examines what caused trade finance to decline in southeast Asian countries after 1997.

Policy Discussion Papers (formerly Papers on Policy Analysis and Assessment) ($7.00)

98/14:Economic Transition and Social Protection— Issues and Agenda for Reform, Sanjeev Gupta. Describes the factors constraining social protection policies in the Baltics, Russia, and other countries of the former Soviet Union.

IMF Staff Country Reports ($15.00)

98/115: Rwanda—Statistical Appendix

98/116: Republic of Uzbekistan—Recent Economic Developments

98/117: Venezuela—Recent Economic Developments

98/118: Sri Lanka—Recent Economic Developments

98/119: Thailand—Statistical Appendix

98/120: India—Recent Economic Developments

98/121: Fiji—Statistical Appendix

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For information on the IMF on the Internet—including the full texts of the English edition of the IMF Survey, the IMFSurvey’s annual Supplement on the IMF, Finance & Development, an updated IMF Publications Catalog, and daily SDR exchange rates of 45 currencies—please visit the IMF’s website ( The full texts of all Working Papers, Policy Discussion Papers (formerly Papers on Policy Analysis and Assessment), and Public Information Notices (PINs) are also available on the IMF’s website.

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