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We examine the increase in the net lending (saving minus investment) of nonfinancial corporations in the years … endogenous reflection of the current weak pace of growth or an outcome of other factors, such as firms' desire to cut investment … investment during the GFC was in line with historical norms, given the path of GDP growth, interest rates, profits, and other …
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Since 2001, OECD corporate net lending has risen sharply. This paper examines the main forces at play behind this run-up and provides some insight into whether and how they might possibly unwind in the future, a process that may already be underway. It shows in particular that, the increase is...
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This book explores what happened in the transition economies of China, Vietnam and Myanmar from both macro and micro …
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