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Some analysts rank Chile as the only Latin American economy that qualifies as a "take-off economy", or development … economy. In a sense, Chile's enduring success and proved insulation from the "Tequila effect" are due to its high national … savings. What has made Chile's savings so high? What were some key policies implemented? Did the structural and liberalizing …
Persistent link: https://www.econbiz.de/10011541487
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Using cross-country differences in the degree of isolation before the advent of technologies in sea and air transportation, we assess the relationship between geographic isolation and financial development across the globe. We find that pre-historic geographical isolation has been beneficial to...
Persistent link: https://www.econbiz.de/10012988107