We review the literature on Dutch disease, and document that shocks that trigger foreign exchange inflows (such as natural resource booms, surges in foreign aid

The study cautiously identifies exchange rate misalignment as an important element in most of the exchange rate crises that plagued the developing world during

This paper reviews the literature on financial crises focusing on three specific aspects. First, what are the main factors explaining financial crises? Since ma

The long-awaited second edition of an important textbook on economic growth—a major revision incorporating the most recent work on the subject. This graduate