Published Papers

  • "Liquidity Protection versus Moral Hazard: The Role of the IMF" with Leandro Arozamena2003,  Journal of International Money and Finance, Vol 22, 7, 1041,1063
  • “The Argentine Crisis: Bad Luck, Bad Management, Bad Politics, Bad Advice”, Brookings Trade Forum 2002, The Brookings Institution.
  • "Volatility and Financial Intermediation" joint with Joshua Aizenmann, Journal of International Money and Finance, 2003, Vol 22, 5, 657-679.
  • "On the use of portfolio risk models and capital requirements in emerging markets : the case of Argentina", joint with Veronica Balzarotti and Michael Falkenheim, World Bank Economic Review, 2002, Vol 16, 2 197-212
  •  "Positioning the World Bank", with Christpher Gilbert and David Vines, Economic Journal. November 1999, vol 109, no 459, pp598-633.
  •  "The Political Economy of Public Savings and the Role of Capital Mobility", with J. Aizenman, Journal of Development Economics, 1998, Vol 57. 67-95.
  •  "The World Bank and Conditionality" with C.Gilbert, R. Hopkins and A Roy, Journal of International Development, 1997, vol 9, no. 4.
  •  "Commodity and Developing Country Terms of Trade, What Does the Long Run Show ?"  Economic Journal, November 1991.
  •  "Trading forward in an imperfect market: the case of electricity in Britain", Economic Journal 1993, 103, 444-453.
  •  "Securitization and Commodity Contingency in International Lending" with C.L. Gilbert and R.W. Anderson in American Journal of Agricultural Economics, May 1989.
  •  "Pool prices, contracts and regulation in the British Electricity Supply Industry", Fiscal Studies, 1992, 13(1) 89-105. With Dieter Helm.
  •  "The Management of Risk in Developing Country Finance" The Oxford Review of Economic  Policy, Autumn 1989.