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  • Resolving Puzzles of Monetary Policy Transmission in Emerging Markets (英语)

    Conventional empirical models of monetary policy transmission in emerging market economies produce puzzling results: monetary tightening often leads to an increase in prices (the price puzzle) and depreciation...

    文件类型: 政策研究报告 报告号: WPS10974 文件日期: 2024年11月14日 披露方式: Disclosed 作者: Jongrim Ha,Dohan Kim,Ayhan Kose,Prasad,Eswar S.

  • South Sudan Economic Monitor - Investing in Humans (英语)

    Notwithstanding slower global growth and lingering impacts of recent catastrophic floods, private sector activity, outside the oil sector, has been supported by a relative return to peace, and higher government...

    文件类型: 报告 报告号: 186203 文件日期: 2023年12月4日 披露方式: Disclosed 作者: World Bank


  • China as an International Lender of Last Resort (英语)

    This paper shows that China has launched a new global system for cross-border rescue lending to countries in debt distress. It builds the first comprehensive dataset on China’s overseas bailouts between...

    文件类型: 政策研究报告 报告号: WPS10380 文件日期: 2023年3月27日 披露方式: Disclosed 作者: Horn,Sebastian Andreas,Parks,Bradley Christopher,Reinhart,Carmen M.,Trebesch,Christoph

  • Environmental Implications of a Central Bank Digital Currency (CBDC) (英语)

    Two-thirds of central banks in the East Asia and Pacific (EAP) region have started researching or testing the implementation of a Central Bank Digital Currency (CBDC). At the same time, the region accounts...

    文件类型: 报告 报告号: 173817 文件日期: 2022年7月19日 披露方式: Disclosed 作者: Lee,Soohyang,Park,Jinhee





  • Why Central Bank Independence Matters (英语)

    Deep economic crises, the global financial crisis and the Coronavirus (COVID-19) pandemic have put some strains on, and rekindled an older debate about the costs and benefits of central bank Independence...

    文件类型: 简介 报告号: 166524 文件日期: 2021年11月30日 披露方式: Disclosed 作者: Bandaogo,Mahama Abdel Samir Sidbewende

  • Why Central Bank Independence Matters (英语)

    Deep economic crises - the global financial crisis and the Coronavirus disease 2019 (COVID-19) pandemic - have put some strains on and rekindled an older debate about the costs and benefits of central...

    文件类型: 简介 报告号: 166500 文件日期: 2021年11月30日 披露方式: Disclosed 作者: Bandaogo,Mahama Abdel Samir Sidbewende

  • International Reserves and Central Bank Independence (英语)

    This paper proposes a novel theory of reserve accumulation that emphasizes the role of an independent central bank. Motivated by a positive correlation between reserve accumulation and central bank independence...

    文件类型: 政策研究报告 报告号: WPS9832 文件日期: 2021年11月2日 披露方式: Disclosed 作者: Samano Penaloza,Agustin

  • Central Bank Digital Currency : Background Technical Note (英语)

    In recent years, due to innovations in technology, the concept of digital currency has emerged out of the desire of some private entities to replicate specific properties of cash in the digital space...

    文件类型: 报告 报告号: 166670 文件日期: 2021年11月1日 披露方式: Disclosed 作者: Bossone,Biagio,Ardic Alper,Oya Pinar


  • Central Bank Digital Currency : A Payments Perspective (英语)

    Payment and settlement systems and services have become vital components of the economic life of contemporary societies. Over the last decades, they have gone through several waves of reforms that have...

    文件类型: 报告 报告号: 166668 文件日期: 2021年11月1日 披露方式: Disclosed 作者: Cirasino,Massimo,Bossone,Biagio,Banka,Holti,Abdelnaby,Ahmed Abdelaziz Faragallah,Chiara,Maria,Srinivas,Gynedi

  • Central Bank Reserve Management Practices : Insights into Public Asset Management (英语)

    The World Bank Treasury’s Reserve Advisory and Management Partnership (RAMP) conducted its third survey on reserve management practices in 2021. One hundred and nineteen central banks, from different regions...

    文件类型: 报告 报告号: 165433 文件日期: 2021年10月22日 披露方式: Disclosed 作者: Ballon Carneiro,Mikaela,Hong,Dongsoo,Klingebiel,Daniela M. H.,Herrero Montes,Carmen Mileva,Ruiz Gil,Marco Antonio


  • Central Bank Governance and Reserve Portfolios Investment Policies : An Empirical Analysis (英语)

    This paper uses a unique survey data set of 105 central banks to investigate whether investment policies for central bank foreign reserve portfolios are linked to the governance arrangements for reserve...

    文件类型: 政策研究报告 报告号: WPS9763 文件日期: 2021年8月30日 披露方式: Disclosed 作者: Klingebiel,Daniela M. H.,Herrero Montes,Carmen Mileva,Ruiz Gil,Marco Antonio,Seward,James


  • One-Stop Source : A Global Database of Inflation (英语)

    This paper introduces a global database that contains inflation series: (i) for a wide range of inflation measures (headline, food, energy, and core consumer price inflation; producer price inflation;...

    文件类型: 政策研究报告 报告号: WPS9737 文件日期: 2021年7月27日 披露方式: Disclosed 作者: Ha,Jongrim,Kose,Ayhan,Ohnsorge,Franziska Lieselotte