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In the last decade, East Asia has engaged in constructing numerous mechanisms to enhance regional cooperation in the areas of trade and finance. However' the region's economic architecture exhibits certain idiosyncrasies such as an eclectic institutional structure and a limited level of...
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'Financial statecraft', or the intentional use of credit, investment and currency levers by the incumbent governments of creditor - and sometimes debtor - states for both international economic and political advantage, has a long history, ranging from money doctors to currency wars. A...
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The authors analyze the effects of bilateral debt forgiveness on 32 low-income countries in Africa (1984-93). Asking whether it makes a difference for recipient countries to receive pure grants rather that official development assistance (ODA) debt relief, they focus on how one form of aid or...
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