Titlebook: Economic and Financial Developments in Latin America; Sima Motamen-Samadian (Director of the Centre for Book 2006 Palgrave Macmillan, a d

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Sima Motamen-Samadian (Director of the Centre for

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,From Financial Repression to Financial Regression: The Limits of the ‘Tyrannical Auctioneer’ and Mohe allocation of resources should lead to higher growth rates and growing savings rates. An additional very important purpose is that, in a world of efficient capital markets, there would be more room for a freer monetary policy. The only difficulty foreseen was the transition to such a state, if it

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,Credible Commitments and the Relevance of State Capacity: Mexico’s Foreign Direct Investment under oreign direct investment (FDI) can contribute significantly towards country development.. How do states make credible commitments to this end, especially those whose ability to implement policy is shaped by a recent democratic transition? Credible commitments are intended to mitigate the hazards of

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Corporate Foreign Vulnerability, Financial Policies and the Exchange Rate Regime: Evidence from Brae triggered by external factors. One question levied by the literature and answered in this chapter is whether the choice of the exchange rate regime plays a role in reducing countries’ vulnerability to these shocks.

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