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Among the developing countries of the world, those emerging markets that have sought some degree of integration into … world finance are characterized by higher per capita incomes, higher long-run growth rates, and lower output and consumption …
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cyclical pattern. Over that cycle, world asset prices, leverage, and capital flows move in concert with global growth …
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Among the developing countries of the world, those emerging markets that have sought some degree of integration into … world finance are characterized by higher per capita incomes, higher long-run growth rates, and lower output and consumption …
Persistent link: https://www.econbiz.de/10013246095
cyclical pattern. Over that cycle, world asset prices, leverage, and capital flows move in concert with global growth …
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