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The global economy has experienced four waves of rapid debt accumulation over the past 50 years. The first three debt waves ended with financial crises in many emerging market and developing economies. During the current wave, which started in 2010, the increase in debt in these economies has...
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The global economy has experienced four waves of rapid debt accumulation over the past 50 years. The first three debt waves ended with financial crises in many emerging market and developing economies. During the current wave, which started in 2010, the increase in debt in these economies has...
Persistent link: https://www.econbiz.de/10012521885
Global Financial Development Report 2013 is the first in a new World Bank series. It provides a unique contribution to …, promoter, and owner. It calls on state agencies to provide strong regulation and supervision and ensure healthy competition in …, ministries of finance, and financial regulation agencies; nongovernmental organizations and donors; academics and other …
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