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The Global Capital Market: Benefactor or Menace?

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NBER1998-05-01 更新2025-01-04 收录
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This paper reviews the theoretical functions, history, and policy problems raised by the international capital market. The goal is to offer a perspective on both the considerable advantages the market offers and on the genuine hazards it poses, as well as on the avenues through which it constrains

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1998-05-01
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