Appendix Table 1.
Sample Countries.
| Emerging Market and Developing Economies | ||||||
|---|---|---|---|---|---|---|
| Advanced Economies | EMDE Africa | EMDE Asia | EMDE LAC | EMDE Other | ||
| Australia | Lithuania | Botswana | Brunei | Argentina | Albania | Saudi Arabia |
| Austria | Luxembourg | Ghana | China | Bolivia | Azerbaijan | Serbia |
| Belgium | Macau | Kenya | India | Brazil | Bahrain | Palestine |
| Canada | Malta | Mauritius | Indonesia | Chile | Belarus | Tunisia |
| Cyprus | Netherlands | Nigeria | Malaysia | Colombia | Bosnia and Herzegovina | Turkey |
| Czech Republic | New Zealand | South Africa | Mongolia | Ecuador | Bulgaria | Ukraine |
| Denmark | Norway | Philippines | Mexico | Croatia | United Arab Emirates | |
| Estonia | Portugal | Sri Lanka | Panama | Egypt | ||
| Finland | Singapore | Thailand | Paraguay | Georgia | ||
| France | Slovak Republic | Vietnam | Peru | Hungary | ||
| Germany | Slovenia | Uruguay | Iran | |||
| Greece | South Korea | Jordan | ||||
| Hong Kong SAR | Spain | Kazakhstan | ||||
| Iceland | Sweden | Kuwait | ||||
| Ireland | Switzerland | Morocco | ||||
| Israel | Taiwan | Poland | ||||
| Italy | United Kingdom | Qatar | ||||
| Japan | United States | Romania | ||||
| Latvia | Russia | |||||
Note: Classifications are established using the conventions in International Monetary Fund (2021).