GUERINEAU, Samuel; MOTEL, Pascale COMBES; COMBES, Jean-Louis - Centre d'Études et de Recherches sur le Développement … - 2008
This paper establishes a link between deforestation and credit cycles in Latin American countries. The latter exhibit rapid deforestation rates as well as macroeconomic instability that is often rooted in credit booms and crunches episodes: data available on the last years show a coincidence...