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: the degree of equality of the income distribution; democratic institutions; export orientation (with higher propensities … to export manufactures, greater openness to FDI, and avoidance of exchange rate overvaluation favorable for durati …
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We investigate the impact of remittances on public debt sustainability and detail how the traditional debt-to-GDP ratio can be modified to create a more accurate representation of debt sustainability for a country that receives significant remittance inflows. The main result is that inclusion of...
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