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Recent research on productivity spillovers from affiliates of multinational corporations in developing and emerging economies finds that backward linkages from affiliates of foreign-owned firms to local suppliers constitute the main channel transmitting productivity spillovers. This finding has...
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This paper surveys the literature to document the main stylized facts, risks, and policy challenges related to the expansion of global nonfinancial corporate debt after the 2008-09 global financial crisis. Nonfinancial corporate debt steadily increased after the crisis, especially in emerging...
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Using country-to-country data, this paper documents a set of novel stylized facts about the rise of the South in global finance. The paper assembles comprehensive bilateral data on cross-border bank loans and deposits, portfolio investment in debt and equity, foreign direct investment, and...
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"The apparently inexorable rise in the proportion of "missing girls" in much of East and South Asia has attracted much … ratios were the highest in Asia but peaked in the mid-1990s and normalized thereafter. Using census data, we examine whether …" phenomenon could be addressed in Asia. "--World Bank web site …
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