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The paper investigates the influences of financial development on patterns of industrial specialization across China … roles in shaping patterns of industrial specialization in China. In contrast, proxies for formal financial markets, e.g. the …
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The non-bank financial sector in the euro area has more than doubled in size over the last decade reflecting the substantial growth in shadow banking activities. However, a large proportion of the non-bank financial sector remains unmapped as granular balance sheet information is not available...
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