What Counts in GDP? Some Less-Intuitive Cases
What Counts in GDP? Some Less-Intuitive Cases
A tour of some of the less-intuitive rules behind what counts towards GDP and what doesn’t.
International Financial Risks of Developing Countries
International Financial Risks of Developing Countries
Developing countries face distinctive international finance risks: original sin, the Lucas paradox, liability dollarization, exchange-rate pegs, borrower moral hazard, and reform sequencing.