"Asian Restructuring: From Cyclical Recovery to Sustainable Growth," Chapter 3 of Global Economic Prospects 2000, December 1999, The World Bank, Washington D.C. The full report is at: http://www.worldbank.org/prospects/gep2000/full.htm.

"Flight to quality: investor risk tolerance and the spread of emerging market crises," in Stijn Claessens and Kristin Forbes, eds., International Financial Contagion, forthcoming  Kluwer Academic Publishers, May 2001 (book details and chapters available from http://web.mit.edu/kjforbes/www/book_information.htm), with Barry Eichengreen and Galina Hale.

"Safeguarding against crisis: the near-term agenda," Chapter 5 of Global Development Finance 2000, April 2000, The World Bank, Washington D.C. The full report is at: http://www.worldbank.org/prospects/gdf2000/index.htm.

"Will self-protection policies safeguard emerging markets from crises?" in Charles Adams, Robert E. Litan, and Michael Pomerleano, eds., Managing Financial and Corporate Distress: Lessons from Asia, Washington D.C.: Brookings Institution Press, April 2000.

"Priorities for the management of contingent liabilities," in Hana Brixi, Allen Schick, and Sweder van Wijnbergen, eds., Government at Risk: Contingent Liabilities and Fiscal Risk, Oxford University Press, 2002, with Hana Brixi. 

"Contingent liabilities in infrastructure: lessons from the East Asian crisis," in Hana Brixi, Allen Schick, and Sweder van Wijnbergen, eds., Government at Risk: Contingent Liabilities and Fiscal Risk, Oxford University Press, current version 2002. 

"The Role of Cross-Border Mergers and Acquisitions in Asian Restructuring," 2001, with Shoko Negishi.  In Resolution of Financial Distress, edited by Stijn Claessens, Simeon Djankov, and Ashoka Mody, World Bank Institute, The World Bank, Washington D.C.  A summary of this paper was also published in Finance and Development 38 (1): 6-9, March 2001, under the title "Cross-Border Mergers and Acquisitions in East Asia: Trends and Implications."

"Imported machinery for export competitiveness," World Bank Economic Review 16(1): 23-48, 2002, with Kamil Yilmaz.

"Environmental regulation and development: a cross-country empirical analysis," Oxford Development Studies, 29 (2), June 2001.  Revision of Policy Research Working Paper 1448, The World Bank, Washington D.C., April 1995, with Susmita Dasgupta, Subhendu Roy, and David Wheeler.

"Private information for foreign investment in emerging economies," Canadian Journal of Economics. 34(2): 448-464. 2001.   Earlier version was published as: "The usefulness of private and public information for foreign investment decisions," Policy Research Working Paper 1733, The World Bank, Washington D.C., with Yuko Kinoshita.

"Private Capital Flows and Growth," Finance and Development 38(2): 2-5, June 2001, with Antu Murshid and Deepak Mishra.

"Global Development Finance 2001: Building Coalitions for Effective Development Finance." The World Bank, Washington D.C.

"Modelling Fundamentals for Forecasting Capital Flows to Emerging Markets," International Journal of Finance and Economics 6(3): 201-216, 2001, with Mark Taylor and J.Y. Kim.

Resolution of Financial Distress: An International Perspective on the Design of Bankruptcy Laws, World Bank Institute, WBI Development Studies, World Bank, Washington, D.C., edited with Stijn Claessens and Simeon Djankov, 2001.

International Public Goods: Incentives, Measurement, and Financing, Kluwer Academic Publishers, Boston, and World Bank, Washington, D.C., edited with Marco Ferroni, 2002.

"International Capital Crunches: The Time-Varying Role of Informational Asymmetries," Applied Economics, 45(20): 2961-2973, an earlier version appeared as IMF Working Paper, WP/02/43, with Mark Taylor

"Growing Up With Capital Flows," IMF Working Paper WP/02/75, 2002, Journal of International Economics, 65 (1): 249-266, January 2005, with Antu Murshid.

"Regional Vulnerability: The Case of East Asia," Journal of International Money and Finance 26(8): 1292-1310, 2007, with Mark Taylor.

"The High Yield Spread as a Predictor of Real Economic Activity:  Evidence of a Financial Accelerator for the United States," IMF Staff Papers 50(3): 373-402, 2003, with Mark Taylor

"The Global Disconnect: The Role of Transactional Distance and Scale Economies in Gravity Equations," Scottish Journal of Political Economy 49 (5): 526-43, with Prakash Loungani and Assaf Razin.

"Financial Reform: What Shakes It? What Shapes It?," American Economic Review, 95 (1): 66-88, March 2005; earlier version as International Monetary Fund Working Paper WP/03/100,  May 1, 2003, with Abdul Abiad.

"Dancing in Unison," Finance and Development, June 2003, pp. 46-49, with Robin Brooks, Jean Imbs, and Kristin Forbes.

"Do collective action clauses raise borrowing costs?" The Economic Journal, 114 (April), 247–264, 2004, with Barry Eichengreen.

"Is FDI Integrating the World Economy?," The World Economy, 27 (8): 1195-1222, 2004.

"Catalysing Private Capital Flows: Do IMF Programmes Work as Commitment Devices?," The Economic Journal, 116 (July), 843–867, 2006, with Diego Saravia.

"What is an Emerging Market?," Georgetown Journal of International Law, 35(4), Summer 2004.

"Can Budget Institutions Institutions Counteract Fiscal Indiscipline?" Economic Policy October 2006: 689–739; earlier version as International Monetary Fund Working Paper WP/06/123,  May 2006, with Stefania Fabrizio.

"A Cross-Country Financial Accelerator: Evidence from North America and Europe," Journal of International Money and Finance 26(1): 149-165, 2007, with Lucio Sarno and Mark Taylor.

"Financial integration, capital mobility, and income convergence," Economic Policy 24: 241-305, April 2009, an earlier version appeared as "International Finance and Income Convergence: Europe is Different," IMF Working Paper, WP/07/64, March 2007, Washington D.C., with Abdul Abiad and Daniel Leigh.

"The Demographic Dividend: Evidence from the Indian States," IMF Working Paper, WP/11/38, February 2011, with Shekhar Aiyar

"Sources of Corporate Profits in India: Business Dynamism or Advantages of Entrenchment?," India Policy Forum, 7: 43-96, 2010-11, an earlier version appeared as IMF Working Paper, WP/11/8, January 2011, with Anusha Nath and Michael Walton.

"The Second Transition: Eastern Europe in Perspective," Paper prepared for the Workshop: "Five years of an enlarged EU – a positive-sum game" Brussels, 13-14 November 2008, European Economy Economic Papers 366, March 2009, http://ec.europa.eu/economy_finance/publications, also as IMF Working Paper, WP/09/43, March 2009, with Stefania Fabrizio and Daniel Leigh.

"Speed of IMF Response," an earlier version appeared as "From Crisis to IMF-Supported Program: Does democracy impede the speed required by financial markets?" IMF Working Paper, WP/08/276, December 2008, with Diego Saravia

"Breaking the Impediments to Budgetary Reforms: Evidence from Europe," Economics and Politics 22(3): 362–391, November 2010, an earlier version appeared as IMF Working Paper, WP/08/82, March 2008, with Stefania Fabrizio.

"Spillovers of Domestic Shocks: Will They Counteract the "Great Moderation"?" International Finance 15(1): 69–97, 2012, an earlier version appeared as IMF Working Paper, WP/1078, March 2010, with Alina Carare.

"The Dynamics of Product Quality and International Competitiveness," IMF Working Paper, WP/07/97, April 2007, with Stefania Fabrizio, and Deniz Igan

"International Pricing of Emerging Market Corporate Debt: Does the Corporate Matter?," IMF Working Paper, WP/10/26, January 2010, with Sonja Keller

"After the Crisis: Lower Consumption Growth but Narrower Global Imbalances?," IMF Working Paper, WP/10/11, January 2010, with Franziska Ohnsorge

"From Bear Stearns to Anglo Irish: How Eurozone Sovereign Spreads Related to Financial Sector Vulnerability," IMF Working Paper, WP/09/108, May 2009

"Can Domestic Policies Influence Inflation?," IMF Working Paper, WP/07/257, November 2007, with Franziska Ohnsorge