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reduce their investment. This is the "Loanable Funds" theory. Ben Bernanke's "Global Saving Glut" thesis is based on this … sind. Oft ist das genaue Gegenteil wahr: Wirtschafter können nur sparen, wenn andere Wirtschafter einen Kredit aufgenommen …, sondern erlauben erst dem Rest der Welt, überhaupt Ersparnis zu bilden. …
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This books explores the international aspects of pension reform, private savings and volatile capital markets and …, analysing the implications of financial reform for stimulating savings, and exploring both the benefits and risks of global … capital flows to emerging markets, Pensions, Savings and Capital Flows will inform policy and academic debates on financial …
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This paper studies empirically the effects of financial crises on international trade. The major findings are that banking crises had a negative impact on imports but a positive impact on exports in the short term, whereas currency crises decreased imports in the short term and stimulated...
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