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JOURNAL ARTICLES

“Why do governments cut their deficits?” European Journal of Political Economy, June 2024 (with Benedict Clements, Joao Jalles and Victor Mylonas)

“Who’s Responsible for Climate Change? New Evidence Based on Country-level Estimates of Climate Debt” Economics of Energy and Environmental Policy, volume 12, 1 (with Benedict Clements and Jianhong Liu)

“Priorities for Strengthening Key Revenue Sources in Asia”, Asian Development Review, with Joao Jalles (forthcoming)

“Do tax reforms affect income distribution? Evidence from developing countries” (with João Tovar Jalles) Economic Modelling, May 2022.

“Can COVID-19 induce governments to implement tax reforms in developing countries?,” Applied Economics, November 2021 (with Joao Jalles)

“Institutional and Political Determinants of Statutory Tax Rates: Empirical Evidence from Sub-Saharan Africa”, Journal of African Development, December 2021 (with Carlos Mulas-Granados, Jianhong Liu, Danial Salman and Kelsey Ross)

“Tax Buoyancy in Sub-Saharan Africa and its Determinants,” International Tax and Public Finance, September 2021 (with Joao Jalles and Jianhong Liu)

“Do efficiency gains really translate into more budget for health? An assessment framework and country applications”, Health Policy and Planning, April 2021 (with H. Barroy, J. Cylus, W. Patcharanarumol, J. Novignon and T. Evetovits)

“Fifteen years later: moving forward Heller’s heritage on fiscal space for health”, Health Policy and Planning, April 2021 (H. Barroy)

“Can Covid-19 induce governments to implement tax reforms in developing countries?” Covid Economics, March 10, 2010 (with Joao Jalles)

“Is military spending converging to a low level across countries?”, Economic Modelling, January 2021, volume 94 (with B. Clements and S. Khamidova)

““Revisiting IMF Expenditure Conditionality” Applied Economics (forthcoming) (with Michela Schena and Seyed Reza Yousefi)

“Alma-Ata at 40 Years: Reflections from the Lancet Commission on Investing in Health”, Lancet, October 20, 2018 (with David Watkins, Gavin Yamey and others)

“Planned Fiscal Adjustments: Do Governments Fulfil Their Commitments,” European Union Politics, 2018 (with Joao T Jalles, Carlos Mulas-Granados and Michela Schena)

“The Fiscal Consequences of Shrinking and Ageing Populations,” Ageing International,
November 2017 (with Benedict Clements, Kamil Dybczak, Vitor Gaspar and Mauricio Soto).

“Taxes, corruption and compliance,” eJournal of Tax Research, December 2017 (with Anja Baum, Elijah Kimani and Sampawende Jules Tapsoba).

“IMF conditionality supports revenue collection: Is it just tax rates?” Applied Economics Letters, May 2018 (with Ernesto Crivelli).

“Financing of international collective action for epidemic and pandemic preparedness,” The Lancet, May 2017 (with Gavin Yamey and others).

“Can a causal link be drawn? A commentary on ‘the impact of IMF conditionality on government health expenditure: A cross-national analysis of 16 West African nations’,” Social Science & Medicine, February 2017.

“Does Conditionality Mitigate the Potential Negative Effect of Aid on Revenues?” Journal of Development Studies, 2017 with Ernesto Crivelli.

“Now or Later? The Political Economy of Public Investment in Democracies” European Journal of Political Economy, December 2016 (with Estelle Liu and Carlos Mulas-Granados).

“Budget Institutions in Low-income Countries: Lessons from G-20 Countries,” OECD Journal of Budgeting, December 2015 (with S. Ylaoutinen and others).

“Does conditionality in IMF-supported programs promote revenue reform?” International Tax and Public Finance, October 2015 (with Ernesto Crivelli).

“Debt Reduction, Fiscal Adjustment, and Growth in Credit-Constrained Economies,” Journal
of Applied Economics, May 2015 (with Emanuele Baldacci and Carlos Mulas-Granados).

“The International Monetary Fund and the Ebola outbreak” Lancet Global Health, January 4, 2015”

“Resource Blessing, Revenue Curse? Domestic Revenue Effort in Resource-Rich Countries” with Ernesto Crivelli, The European Journal of Political Economy, May 2014

“Energy subsidies: How large are they and how can they be reformed? With Benedict Clements, David Coady, Stefania Fabrizio, and Baoping Shang
Economics of Energy & Environmental Policy, Volume 3, 2014″

“Efficiency-Adjusted Public Capital and Growth, World Development,” May 2014
With Alvar Kangur, Chris Papageorgiou, Abdoul Wane

“Foreign Aid and Revenue: Still a Crowding-Out Effect?” FinanzArchiv / Public Finance Analysis vol. 70 March 2014
with Dora Benedek, Ernesto Crivelli, and Priscilla Muthoora

“Global Health 2035: A World Converging Within a Generation,” The Lancet, December 2, 2013 (with Larry Summers and Dean Jamison and others)

“Is Social Spending Procyclical? Evidence for Developing Countries”, World Development, Volume 42, February 2013, Pages 16-27 (with Javier Arze Del Granado and Alejandro Hajdenberg) Revised IMF Working Paper 10/234

“What Happens to Social Spending in IMF-Supported programmes?” Applied Economics, Volume 45, Issue 28, 2013, (with Benedict Clements and Masahiro Nozaki) (Revised IMF Staff Discussion Note 11/15)

“Reassessing the Fiscal Mix for Successful Debt Reduction” Economic Policy, July 2012 (with Emanuele Baldacci and Carlos Mulas-Granados)

“Political and Fiscal Risk Determinants of Sovereign Spreads in Emerging Markets,” Review of Development Economics, May 2011 (with Emanuele Baldacci and Amine Mati) (revised IMF Working Paper, 08/259).

“Effect of Development Assistance on Domestic Health Expenditures”, Lancet, August 21, 2010.

Response of the International Monetary Fund to its Critics” International Journal of Health Services, Volume 40, Number 2, 2010.

New Evidence on Fiscal Adjustment and Growth in
Transition Economies in Comparative Economic Studies, March 2010 (with
Alex Segura-Ubeirgo, Alejandro Simone)(revised IMF Working Paper 06/244)

“Natural Resource
Endowments and Domestic Revenue Effort,” The European Journal of
Political Economy, December 2009 (with Fabian Bornhorst and John
Thornton) (revised IMF Working Paper, WP/08/170)

“Effect of Remittances on Poverty and Financial Development in Sub-Saharan
Africa,” World Development, Volume 37, Issue 1, January 2009,
pages 104-115 (with Catherine Pattillo and Smita Wagh) (revised IMF
Working Paper 07/38), 2008.

“Social Spending, Human Capital, and Growth in Developing Countries,” World Development, August
2008 (with Emanuele Baldacci, Benedict Clements, and Qiang Cui)
(Revised IMF Working Paper 04/217).

“Regional Trade Agreements
in Africa: Past Performance and Way Forward,” African Development
Review, December 2007 (with Y. Yang). (Revised IMF Working Paper 05/36)

“The Effects of Oil Subsidy
Reform in Indonesia,” The Developing Economies, June 2007 (with
Benedicte Clements and Hong-Sang Jung) (revised IMF Working Paper
03/204).

“Public Spending, Voracity, and Wagner’s Law in Developing Countries, European Journal of Political
Economy,” December 2006 (with Bernardin Akitoby, Benedict Clements, and
Gabriela Inchauste) (revised IMF Working Paper 04/202.)

“The Phasing of Fiscal
Adjustments:What Works in Emerging Market Economies?” Review of
Development Economics, November 2006 (with Baldacci, B.Clements, and C.
Mulas-Granados) (revised IMF Working Paper 04/157, August 2004).

“Are Donor Countries Giving
More or Less Aid?” Review of Development Economics, August 2006, (IMF
Working Paper 06/1, January 2006) (with Cathy Patillo and Smita Wagh).

“What Sustains Fiscal
Consolidations in Emerging Market Countries?” International Journal of
Finance & Economics, Vol 10, October 2005 (with B. Clements, E.
Baldacci, and E. Tiongson) (Revised IMF Working Paper 03/224, November
2003).

“Fiscal Policy, Expenditure
Composition, and Growth in Low-Income Countries,” Journal of
International Money and Finance (April 2005) (with B. Clements, E.
Baldacci, and C. Mulas-Granados) (revised IMF Working Paper 02/77, May
2002).

“Foreign Aid and
Consumption Smoothing: Evidence from Global Food Aid,” Review of
Development Economics (August 2004) (with B. Clements and E. Tiongson)
(revised IMF Working Paper 03/40, February 2003).

“Fiscal Consequences of
Armed Conflict and Terrorism in Low- and Middle-Income Countries,”
European Journal of Political Economy, Vol. 20 (June 2004) (with B.
Clements and others) (revised IMF Working Paper 02/142, August 2002).

“The Persistence of Fiscal Adjustments in Developing Countries,” Applied Economics Letters, 2004,
Vol. 11, pp. 209–212 (with B. Clements, E. Baldacci, and
Mulas-Granados) (part of IMF Working Paper 02/77, May 2002).

“Transition Economies: How
Appropriate is the Size and Scope of Government?” Comparative Economic
Studies (December 2003) (with L. de Mello, L. Leruth, and S.
Chakravarti) (revised IMF Working Paper 01/55, May 2001).

“Safety Nets and the Implementation of
Macroeconomic Adjustment Programs,” Economic and Political Weekly,
Issue: VOL 38 No. 37 (September 13, 2003) (with B. Clements and G.
Inchauste).

“Public Spending on Health
Care and the Poor,” Health Economics, Wiley, August 2003 (with M.
Verhoeven and E. Tiongson) (revised IMF Working Paper 01/127, September
2001).

“More Aid–Making It Work for the Poor,”
World Economics, London, December 2002 (with P. Heller) (shortened IMF
Policy Discussion Paper 02/05, March 2002).

“Decomposing Social
Indicators Using Ecological Inference,” Applied Economics Letters, Vol.
9, December 2002 (with M. Verhoeven and E. Tiongson) (part of the IMF
Working Paper 01/127, September 2001).

“The Effectiveness of
Government Spending on Education and Health Care in Developing and
Transition Economies,” European Journal of Political Economy, North
Holland, November 2002 (with M. Verhoeven and E. Tiongson) (revised IMF
Working Paper 99/21, February 1999).

“Does Corruption Affect
Income Inequality and Poverty? Economics of Governance,” Springer,
Spring 2002 (with H. Davoodi and R. Alonso-Termé) (revised IMF
Working Paper 98/76, May 1998).

“Debt Relief and Public
Health Spending in Heavily Indebted Countries,” Bulletin of WHO,
February 2002 (with B. Clements, M. Guin-Siu, and L. Leruth).

“Privatization,
Labor, and Social Safety Nets,” Journal of Economic Surveys,
Blackwell, December 2001 (with C. Schiller, H. Ma, and E. Tiongson)
(revised IMF Working Paper 99/68, May 1999).

“Corruption and
Military Spending,” European Journal of Political Economy, North
Holland, November 2001 (with L. de Mello and R. Sharan) (revised IMF
Working Paper 00/23, February 2000).

“The Efficiency of
Government Expenditure: Experiences from Africa,” Journal of
Policy Modeling, North Holland, May 2001 (with M. Verhoeven) (revised
IMF Working Paper 97/153, November 1997).

“Economic Transition
and Social Protection—Issues and Agenda for Reform,”
Reflets & Perspectives de la vie économique, March 1999
(also published as IMF PPAA 98/14, December 1998).

“Worldwide Military
Spending, 1990–95,” Defence and Peace Economics, Harwood
Academic Publishers, 1998 (with J. Schiff and B. Clements) (IMF Working
Paper 96/64, June 1996).

“Social Protection in
Transition Economies: Emerging Issues,” Moct-Most, Economic
Journal of Eastern Europe and the Former Soviet Union, Kluwer
Publishers, September 1996 (with K. Chu) (IMF PPAA 96/5, May 1996).

“Taxation of
Petroleum Products: Theory and Empirical Evidence,” Energy
Economics, London, Vol. 17, May 1995 (with W. Mahler) (revised IMF
Working Paper 94/32, March 1994).

“Public Expenditure
Policy and the Environment: Review and Syntheses,” World
Development, Vol. 23, No. 3, March 1995 (with K. Miranda and I. Parry)
(IMF Working Paper 93/27, February 1993).

“Effects of the Common Agricultural
Policy of the European Community: A Survey of the Literature,”
Journal of Common Market Studies, December 1988 (with D. Demekas and
others).

“Further Evidence on the Impact of
Dairy Development Programme,” Economic and Political Weekly,
Bombay, March 1987 (with B. Bowonder, B. Das Gupta, and S. Prasad).

“Impact of Dairy Development
Programmes,” Food and Nutrition Bulletin, U.S.A., December 1986.

“Energy Use in Rural Areas: A Study
of 10 Villages,” Natural Resources Forum, New York, November 1996
(with B. Bowonder, B. Das Gupta, and S. Prasad).

“Compensating Government Employees
for Price Increase: Basis, Trends and Forecasts,” Economic and
Political Weekly, Bombay, February 1986 (with P.Gupta).

“Effect of Oil Price
Increases on Developing Countries—A reply,” Energy
Economics, London, Vol. 8, January 1986 (with H. Dick, V. Vincent, and
H. Voigt).

“Inflation and Incentive to Invest in
Capital Assets,” Economic and Political Weekly, Bombay, May 1985
(with P. Gupta).

“Export Growth and Economic Growth
Revisited,” The Indian Economic Journal, January to March 1985.

“Causal Relationship Between Domestic
Credit and International Reserves: The Experience of Developing
Countries,” Kredit and Kapital, Bonn, June 1984. Also available
as Kiel Working Paper, No. 139, Kiel Institute of World Economics,
April 1982.

“Unrecorded Trade at Black Exchange
Rate: Analysis, Implications, Estimates,” Aussenwirtschaft, St.
Gallen, May 1984.

“The Effect of Oil
Price Increase on Four Oil-Poor Developing Countries: A Comparative
Analysis,” Energy Economics, London, January 1984 (with H. Dick,
D. Vincent, and H. Voight). A longer version available in
“Comparing the Effects of the Second OPEC Oil Price Shock on
Income and Resource Allocation in Four Oil-Poor Developing Economies;
Ivory Coast, Kenya, South Korea, Turkey,” Kiel Working Paper, No.
123, Kiel Institute of World Economics, August 1981.

“Who Benefits from
the Adjustment Process in Developing Countries? A Test on India, Kenya
and Turkey,” Journal of Policy Modeling, U.S.A. No. 1, 1984 (with
S. Togan). A longer version available in Recent German Research in
International Economics, edited by the Deutsche Forschungsgemeinschaft,
Bonn, 1984, W. Germany. Also available as “On Managing Adjustment
to External Shocks in Oil Importing Developing Countries,” Kiel
Working Paper, No. 149, Kiel Institute of World Economies, August 1982.

“World Demand for
Cobalt, An Econometric Study,” Resources Policy, London, December
1983 (with P. Gupta).

“The Short-term
Impact of Fluctuating Primary Commodity Prices on Three Developing
Countries: Colombia, Ivory Coast and Kenya,” World Development,
U.K., May 1983 (with H. Dick, T. Mayer, and D. Vincent). Reprinted in
International Commodity Policy, edited by H.W. Singer, N. Hatti, and R.
Tandon, Ashish, New Delhi, 1987. Also available as Kiel Working Paper,
No. 155, Kiel Institute of World Economics, August 1982.

“India and the Second
OPEC Oil Price Shock—An Economy Wide Analysis,”
Weltwirtschaftliches Archiv, Tübingen, March 1983.

“Indexation of UNCTAD
Core Commodity Prices by Buffer Stocks or Export Quotas: A Comparison
of the Benefits for Two Developing Economies,” Journal of
Development Economics, Amsterdam, December 1982 (with H. Dick, T.
Mayer, and D. Vincent).

“Analyzing the
Pricing Efficiency in Spatial Markets: Concept and Application,”
European Review of Agricultural Economics, Amsterdam, 1982 (with Rolf
Mueller).

“Intertemporal
Pricing Efficiency in Agricultural Markets: The Case of Slaughter Hogs
in W. Germany,” European Review of Agricultural Economics,
Amsterdam, 1982 (with Rolf Mueller).

“Estimates of the Unreported Economy
in India,” Economic and Political Weekly, Bombay, January 1982
(with P. Gupta). Reprinted in Unsanctioned Economy, edited by G.S.
Monga and G. Sanctis, Himalaya Publishing Company, Bombay, 1984. Also
available as Kiel Working Paper, No. 130, Kiel Institute of World
Economics, November 1981.

“A Test of the
Efficiency of Futures Markets in Commodities,”
Weltwirtschaftliches Archiv, Tübingen, December 1981 (with T.
Mayer). Also available as Kiel Working Paper, No. 199, Kiel Institute
of World Economics, March 1981.

“A Note on the
Efficiency of Black Markets in Foreign Currencies,” Journal of
Finance, U.S.A., June 1981.

“An Application of
Monetary Approach to Black Market Exchange Rates,”
Weltwirtschaftliches Archiv, Tübingen, June 1980.