Financial Deepening, Terms of Trade Shocks, and Growth Volatility in Low-Income Countries

Financial Deepening, Terms of Trade Shocks, and Growth Volatility in Low-Income Countries
This paper contributes to the literature by looking at the possible relevance of the structure of the financial system—whether financial intermediation is performed through banks or markets—for macroeconomic volatility, against the backdrop of increased policy attention on strengthening growth resilience. With low-income countries (LICs) being... READ MORE...

Publication date: March 2019
ISBN 9781498303569
$18.00

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