Degryse, Hans; Havrylchyk, Olena; Jurzyk, Emilia; … - 2008
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ers and in turn damage economic growth. Calvo and Coricelli (1993) argue that the
credit contraction in Central and … economic development and growth.
To our knowledge there has been no attempt to study the impacts of both the “per-
formance … after 2003. In
such economic environment, firms would agree to take long-term loans only if they had lower interest
rate …