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A Pragmatic Approach to Capital Account Liberalization

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NBER2008-06-01 更新2025-01-04 收录
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https://www.nber.org/papers/w14051
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Cross-country regressions suggest little connection from foreign capital inflows to more rapid economic growth for developing countries and emerging markets. This suggests that the lack of domestic savings is not the primary constraint on growth in these economies, as implicitly assumed in the
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2008-06-01
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