Can Reforms Promoting Growth Increase Financial Fragility?: An Empirical Assessment
收藏Organisation for Economic Co-operation and Development2026-04-11 收录
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Certain growth-promoting policies can have negative side-effects by increasing the vulnerability of economies to financial crises. Typical examples are greater openness to financial flows or more liberalised financial markets. This paper investigates whether the growth benefits of policy reforms in these growth-enhancing areas, and others such as...
