Most widely held works by Ashoka Mody
Choices for efficient private provision of infrastructure in East Asia ( Book )
12 editions published in 1997 in English and held by 780 libraries worldwide
Infrastructure delivery private initiative and the public good ( Book )
12 editions published in 1996 in English and held by 484 libraries worldwide
Foreign direct investment and the world economy by Ashoka Mody ( Book )
8 editions published between 2006 and 2007 in English and held by 318 libraries worldwide
Asking the question of whether Foreign Direct Investment (FDI) is 'integrating' the world economy, this comprehensive volume consists of an overview of current FDI research.
Resolution of financial distress : an international perspective on the design of bankruptcy laws ( Book )
10 editions published in 2001 in English and held by 282 libraries worldwide
Automation and world competition : new technologies, industrial location, and trade by Ashoka Mody ( Book )
8 editions published in 1990 in English and held by 274 libraries worldwide
Macroeconomic policies and poverty reduction ( Book )
11 editions published between 2005 and 2006 in English and held by 254 libraries worldwide
Infrastructure strategies in East Asia : the untold story ( Book )
7 editions published between 1997 and 1998 in English and held by 204 libraries worldwide
International public goods : incentives, measurement, and financing ( Book )
7 editions published in 2002 in English and held by 198 libraries worldwide
Global public policies and programs : implications for financing and evaluation: proceedings from a World Bank workshop ( Book )
12 editions published in 2001 in English and held by 156 libraries worldwide
IMF-supported programs : recent staff research ( Book )
5 editions published in 2006 in English and held by 130 libraries worldwide
Research work by the IMF's staff on the effectiveness of the country programs the organization supports, which has long been carried out, has intensified in recent years. IMF analysts have sought to "open up the black box" by more closely examining program design and implementation, as well as how these influence programs' effectiveness. Their efforts have also focused on identifying the lending, signaling, and monitoring features of the IMF that may affect member countries' economic performance. This book reports on a large portion of both the new and the continuing research. It concludes that IMF programs work best where domestic politics and institutions permit the timely implementation of the necessary measures and when a country is vulnerable to, but not yet in, a crisis. It points to the need for a wider recognition of the substantial diversity among IMF member countries and for programs to be tailored accordingly while broadly maintaining the IMF's general principle of uniformity of treatment.--Publisher's description.
Financial reform : what shakes it? what shapes it by Abdul Abiad ( Book )
14 editions published between 2003 and 2005 in 3 languages and held by 129 libraries worldwide
Despite stops, gaps, and reversals, financial reforms advanced worldwide in the last quarter century. Using a new index of financial liberalization, we conclude that influential events shook the status quo, inducing both reforms and reversals, while learning, more so than ideology and country structure, shaped and sustained widespread reforms. Among shocks, a decline in global interest rates and balance of payments crises strengthened reformers; banking crises were associated with reversals, while new governments brought about both reforms and reversals. Learning occurred domestically-initial reforms raised the likelihood of further reforms-and through observing regional reform leaders. Among structural features, greater openness to trade appears to have increased the pace of financial reform.
Lending booms, reserves and the sustainability of short-term debt : inferences from the pricing of syndicated bank loans by Barry J Eichengreen ( Book )
10 editions published in 1999 in English and No Linguistic content and held by 105 libraries worldwide
International banks provide more credit to smaller borrowers (about whom information is least complete) than bond markets do. High external short-term debt can coexist with rapid growth for extended periods. But overdependence on such debt is risky, because it is likely to unravel if perceptions of sustainability shift.
International dividend repatriations by Alexander Lehmann ( Book )
8 editions published in 2004 in English and held by 101 libraries worldwide
Income earned by the branches and subsidiaries of multinational firms can be either reinvested in the host country or repatriated as dividends to the firms' headquarters. Despite the rapid growth of foreign direct investment in the 1990s, there has been relatively limited analysis of the dividend behavior of multinationals. We find that investors in multinationals from the two largest foreign- investing countries-the United Kingdom and the United States-require a steady flow of dividends, consistent with a view that such regular dividend payments are a mechanism through which to discipline host-country managers. In contrast, German investors, who tend to invest in riskier countries, do not appear to demand persistent dividend payments. Changes in income also influence dividends. This payout ratio from income appears, for example, to be lower for less risky countries. Finally, the evidence suggests that dividend payments do not necessarily aggravate the balance of payments position during crises.
Managing confidence in emerging market bank runs by Se-Jik Kim ( Book )
7 editions published in 2004 in English and held by 95 libraries worldwide
In a rational-expectations framework, we model depositors' confidence as a function of the probability of future bank bailouts. We analyze the effect of alternative bank bailout policies on depositors' confidence in an emerging market setting, where liquidity shortages of banks are revealed sequentially and governments cannot credibly commit to bailing out all potentially distressed banks. Our findings suggest that allowing early bank failures and using available liquidity for credible commitments to later bailouts can better boost confidence than early bailouts. This conclusion arises because with a high chance of liquidity shortage in the future, depositors may lose confidence and hence withdraw deposits even from potentially sound banks. Such a policy of late bailouts is likely to receive political support when a full bailout needs to be financed by taxation. The logic of late bailout remains valid even when banks may hide their distress or when closures of early distressed banks create contagion.
Sudden stops and IMF-supported programs by Barry J Eichengreen ( Book )
10 editions published in 2006 in English and held by 93 libraries worldwide
Could a high-access, quick-disbursing "insurance facility" in the IMF help to reduce the incidence of sharp interruptions in capital flows ("sudden stops")? We contribute to the debate on this question by analyzing the impact of conventional IMF-supported programs on the incidence of sudden stops. Correcting for the non-random assignment of programs, we find that sudden stops are fewer and generally less severe when an IMF arrangement exists and that this form of "insurance" works best for countries with strong fundamentals. In contrast there is no evidence that a Fund-supported program attenuates the output effects of capital account reversals if these nonetheless occur.
What explains changing spreads on emerging-market debt : fundamentals or market sentiment by Barry J Eichengreen ( Book )
7 editions published in 1998 in English and No Linguistic content and held by 91 libraries worldwide
Would collective action clauses raise borrowing costs by Barry J Eichengreen ( Book )
12 editions published between 1999 and 2000 in English and No Linguistic content and held by 88 libraries worldwide
The role of information in driving FDI flows : host-country transparency and source-country specialization by Ashoka Mody ( Book )
12 editions published in 2003 in English and No Linguistic content and held by 83 libraries worldwide
We develop a simple information-based model of FDI flows. On the one hand, the abundance of "intangible" capital in specialized industries in the source countries, which presumably generates expertise in screening investment projects in the host countries, enhances FDI flows. On the other hand, host-country corporate-transparency diminishes the value of this expertise, thereby reducing the flow of FDI. Empirical evidence (from a sample of 9 source countries and 13 host countries over the 1980s and 1990s), analyzed in a gravity-equation model, provides support for the theoretical hypotheses. The model also demonstrates that the gains for the host country from FDI (over foreign portfolio investment (FPI)) are reflected in a more efficient size of the stock of domestic capital and its allocation across firms. These gains are shown to depend crucially (and positively) on the degree of competition among FDI investors.
Keeping capital flowing : the role of the IMF by Michael D Bordo ( Book )
8 editions published in 2004 in English and held by 76 libraries worldwide
"In this paper, we examine the IMF's role in maintaining the access of emerging market economies to international capital markets. We find evidence that both macroeconomic aggregates and capital flows improve following the adoption of an IMF program, although they may initially deteriorate somewhat. Consistent with theoretical predictions and earlier empirical findings, we find that IMF programs are most successful in improving capital flows to countries with bad, but not very bad fundamentals. In such countries, IMF programs are also associated with improvements in the fundamentals themselves"--National Bureau of Economic Research web site.
The IMF in a world of private capital markets by Barry J Eichengreen ( Book )
10 editions published in 2005 in English and held by 74 libraries worldwide
"The IMF attempts to stabilize private capital flows to emerging markets by providing public monitoring and emergency finance. In analyzing its role we contrast cases where banks and bondholders do the lending. Banks have a natural advantage in monitoring and creditor coordination, while bonds have superior risk sharing characteristics. Consistent with this assumption, banks reduce spreads as they obtain more information through repeat transactions with borrowers. By comparison, repeat borrowing has little influence in bond markets, where publicly-available information dominates. But spreads on bonds are lower when they are issued in conjunction with IMF-supported programs, as if the existence of a program conveyed positive information to bondholders. The influence of IMF monitoring in bond markets is especially pronounced for countries vulnerable to liquidity crises"--National Bureau of Economic Research web site.
Asia Automation--Economic aspects Automobile industry and trade Bank failures--Econometric models Bank loans Bankruptcy Bond market--Econometric models Bonds Bonds--Econometric models Capital movements Capital movements--Econometric models Case studies Clothing trade Competition, International Conference proceedings Debtor and creditor Debt relief Debts, External Debts, Public--Econometric models Developing countries Dividends East Asia Economic assistance--Planning Economic development Economic policy Economic policy--Econometric models Economics--Econometric models Economic stabilization Electronic industries Environmental policy--International cooperation Europe--European Union countries Financial crises Infrastructure (Economics) Infrastructure (Economics)--Finance International business enterprises International economic integration International economic relations International finance--Econometric models International Monetary Fund Investments, Foreign Liquidity (Economics)--Econometric models Monetary policy Poverty Privatization Research Stockholders Technology--International cooperation Technology transfer Textile industry World Bank
Mody, Aska 1956- Falsche Namensform in Vorlage
Mūdī, Ashūkā 1956-
مودي، اشوكامودي، اشوكا
No Linguistic content (13)