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This paper studies the effects that borrowing constraints have on savings and growth and argues...

Recent developments at both the international and national levels - including the globalization...

To reduce the negative effects of a bank-lending crunch on economic activity, adequate credit...

In just over a decade after independence, the three Baltic countries, Estonia, Latvia, and...

This Selected Issues paper analyzes the challenges that the Republic of Slovenia will face in the...

Many emerging market economies have in the recent past experienced a surge in capital inflows...