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International Finance and Growth in Developing Countries: What Have We Learned?

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NBER2009-02-01 更新2025-01-04 收录
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https://www.nber.org/papers/w14691
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Despite an abundance of cross-section, panel, and event studies, there is strikingly little convincing documentation of direct positive impacts of financial opening on the economic welfare levels or growth rates of developing countries. The econometric difficulties are similar to those that bedevil
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2009-02-01
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