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, however, is that there seem to be certain "threshold" levels of financial and institutional development that an economy needs …
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In theory, one of the main benefits of financial globalization is that it should allow for more efficient international risk sharing. In this paper, we provide a comprehensive empirical evaluation of the patterns of risk sharing among different groups of countries and examine how international...
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India, one of the world's two population superpowers, is undergoing unprecedented demographic changes. Increasing …
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the progression of large-sized cohorts to the older ages are causing elder shares to rise throughout the world. The …
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