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The objectives of this study are to develop a taxonomy of the existing power market structures, as shown by the extent of vertical and horizontal unbundling found among restructured power systems, across developing countries; to design an analytical framework for assessing the desirability of...
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firms were more likely to reduce their debt levels. These findings are consistent with the trade-off theory of capital …
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"This paper uses firm-level data from the Business Environment and Enterprise Performance Surveys to study the process of convergence of transition countries with developed market economies. The study focuses on competition and market structure, finance and the structure of lending to firms, and...
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look at what the economic theory of banking and financial intermediation can tell us about how technology may drive …
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