Andrea F. Presbitero

TL;DR: This article showed that debt relief is only weakly associated with subsequent improvements in economic performance but it is correlated with increasing domestic debt in HIPCs, undermining the positive achievements in reducing external debt service.

TL;DR: The authors used an instrumental variable approach to study whether public debt has a causal effect on economic growth in a sample of OECD countries and found that the link between debt and growth disappears once they instrument debt with a variable that captures valuation effects brought about by the interaction between foreign currency debt and exchange rate volatility.

TL;DR: In this article, the authors exploit the degree of discretion embedded in the World Bank-IMF Debt Sustainability Framework (DSF) to understand the decision-making process of international financial institutions.

TL;DR: In this paper, a bank-level analysis showed that a fall in commodity net export prices is associated with a reduction of bank lending, particularly for commodity exporters and during episodes of terms of trade decline.

TL;DR: In this article, the authors explore productivity, innovation, and firm performance, important issues that affect private sector development in the Caribbean region and highlight the policy interventions that could have the most impact in increasing firm performance.