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and Structure Database of the World Bank are employed, namely: financial depth (money supply and liquid liabilities … Financial Development and Structure Database of the World Bank. … best of our knowledge this is the first study to assess the effects of financial globalisation uncertainty on financial …
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financial institutions (IFIs). For multilateral development banks like the World Bank, their central mission, the promotion of … growth and the reduction of poverty, is clear. The steps toward fulfilling this mission in a changing world are also … our thinking both on why we have IFIs in the first place, and the role that they should play in a changing world. …
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Since the World Bank and the International Monetary Fund were launched at Bretton Woods more than 50 years ago, and the … regional development banks in subsequent decades, the world economy has changed in important respects. In considering the role … result, world real interest rates have increased markedly. Second, the poor performance of statist models of development has …
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The present text aims to analyze the New Development Bank (NDB) established by BRICS as part of the group’s financial … institutions established after the Second World War, NDB still faces important challenges to meet those goals. …
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