John C. Bluedorn

TL;DR: In this paper, the authors used a newly constructed database of gross and net capital flows since 1980 for a sample of nearly 150 countries, and found that private capital flows are typically volatile for all countries, advanced or emerging, across all points in time.

TL;DR: In this article, the authors address a highly topical issue and address a key policy issue for Europe, namely, reinforcing EMU institutional architecture along with the Banking Union, and publish as an SDN is appropriate given the high profile nature and relevance of the topic.

TL;DR: This article examined contemporaneous policy documents, including Budget Speeches, Budgets, and IMF and OECD reports, to identify changes in fiscal policy motivated primarily by the desire to reduce the budget deficit, and not by a response to the short-term economic outlook or the current account.

TL;DR: The authors presented further empirical evidence suggestive of democracy's positive role in ameliorating the negative growth effects of ethnic diversity in nations, but it is shown that endogeneity problems and a direct negative growth effect of democracy place inherent limitations on the strength of policy implications which may be drawn from the evidence.

TL;DR: In this article, the authors argue for moving to a two-pillar approach, with a single fiscal anchor (public debt-to-GDP) and a single operational target (an expenditure growth rule, possibly with an explicit debt correction mechanism) linked to the anchor.