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It is well understood that investment serves as a shock absorber at the time of crisis. The duration of the drag on … investment, however, is perplexing. For the nine Asian economies we focus on in this study, average investment/GDP is about 6 … markedly as public and private sectors look inward when external financing becomes prohibitively costly, altogether impossible …
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This paper uses a quasi natural experiment to explore how financial education changes savings, investment, and consumer …
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savings rate, banking system, financial markets, financial regulations, corporate governance, and public finances; and …
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