- Steven Phillips, and Timothy Lane
- Published Date:
- May 2002
The Economic Issues Series
Growth in East Asia: What We Can and What We Cannot Infer. Michael Sarel. 1996.
Does the Exchange Rate Regime Matter for Inflation and Growth? Atish R. Ghosh, Anne-Marie Gulde, Jonathan D. Ostry, and Holger Wolf. 1996.
Confronting Budget Deficits. 1996.
Fiscal Reforms That Work. C. John McDermott and Robert F. Wescott. 1996.
Transformations to Open Market Operations: Developing Economies and Emerging Markets. Stephen H. Axilrod. 1996.
Why Worry About Corruption? Paolo Mauro. 1997.
Sterilizing Capital Inflows. Jang-Yung Lee. 1997.
Why Is China Growing So Fast? Zuliu Hu and Mohsin S. Khan. 1997.
Protecting Bank Deposits. Gillian G. Garcia. 1997.
Deindustrialization—Its Causes and Implications. Robert Rowthorn and Ramana Ramaswamy. 1997.
Does Globalization Lower Wages and Export Jobs? Matthew J. Slaughter and Phillip Swagel. 1997.
Roads to Nowhere: How Corruption in Public Investment Hurts Growth. Vito Tanzi and Hamid Davoodi. 1998.
Fixed or Flexible? Getting the Exchange Rate Right in the 1990s. Francesco Caramazza and Jahangir Aziz. 1998.
Lessons from Systemic Bank Restructuring. Claudia Dziobek and Ceyla Pazarbaşioğlu. 1998.
Inflation Targeting as a Framework for Monetary Policy. Guy Debelle, Paul Masson, Miguel Savastano, and Sunil Sharma. 1998.
Should Equity Be a Goal of Economic Policy? IMF Fiscal Affairs Department. 1998.
Liberalizing Capital Movements: Some Analytical Issues. Barry Eichengreen, Michael Mussa, Giovanni Dell’Ariccia, Enrica Detragiache, Gian Maria Milesi-Ferretti, and Andrew Tweedie. 1999.
Privatization in Transition Countries: Lessons of the First Decade. Oleh Havrylyshyn and Donal McGettigan. 1999.
Hedge Funds: What Do We Really Know? Barry Eichengreen and Donald Mathieson. 1999.
Job Creation: Why Some Countries Do Better. Pietro Garibaldi and Paolo Mauro. 2000.
Improving Governance and Fighting Corruption in the Baltic and CIS Countries: The Role of the IMF. Thomas Wolf and Emine Gürgen. 2000.
The Challenge of Predicting Economic Crises. Andrew Berg and Catherine Pattillo. 2000.
Promoting Growth in Sub-Saharan Africa: Learning What Works. Anupam Basu, Evangelos A. Calamitsis, and Dhaneshwar Ghura. 2000.
Full Dollarization: The Pros and Cons. Andrew Berg and Eduardo Borensztein. 2000.
Controlling Pollution Using Taxes and Tradable Permits. John Norregaard and Valérie Reppelin-Hill. 2000.
Rural Poverty in Developing Countries: Implications for Public Policy. Mahmood Hasan Khan. 2001.
Tax Policy for Developing Countries. Vito Tanzi and Howell Zee. 2001.
Moral Hazard: Does IMF Financing Encourage Imprudence by Borrowers and Lenders? Timothy Lane and Steven Phillips. 2002.
Timothy Lane is Division Chief of the Policy Review Division in the IMF’s Policy Development and Review Department. This division is responsible for reviewing the experience with IMF-supported programs and examining various policy issues, including those related to program design and conditionality. He has also served in the IMF’s European I and Research Departments. Prior to joining the IMF, he was Assistant Professor of Economics at Michigan State University. He holds a Ph.D. from the University of Western Ontario.
Steven Phillips is Senior Economist, Pacific Division, in the IMF’s Western Hemisphere Department. During the research for this paper, he worked with Mr. Lane in the Policy Development and Review Department. He holds a Ph.D. from the University of California at Berkeley.