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Increasing global capital flows are principally beneficial for the improved international allocation of capital, credit and risks, but this process is not without risks for global financial stability. Expanded global monitoring of international capital flows should deepen our knowledge of the...
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The World Bank is a genuine investment agency. This fact seems to be self-evident, yet not fully realized by a larger … public. At present, the World Bank (IBRD), together with its affiliate, the International Development Association (IDA), is … also a multilateral development institution, the largest in the world. The purpose of this paper is to analyze how this …
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