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This paper sets forth a proposal for an expanded and more flexible NAB. The proposal was...

Strong Chinese output growth after the Global Financial Crisis was supported by booming credit....

Corporate credit growth in China has been excessive in recent years. This credit boom is related...

The unprecedented expansion of sovereign balance sheets since the global financial crisis has...

High corporate indebtedness can pose an important threat to the adjustment processes in some of...

Edited by Zubair Iqbal and Ravi Kanbur, this volume consists of papers presented at a joint IMF...