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It is no secret that one of the key sources of economic growth is the entrepreneurial activity. But this type of activity is fraught with great risk, which is largely exacerbated by liquidity constraints. This situation is especially relevant for countries with a high level of income inequality,...
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Szczerbowicz (2017). Countries with higher price flexibility, such as Argentina, Brazil, and Mexico, are found to be relatively … less vulnerable to disaster risk shocks, as compared to Chile and Colombia in particular. Overall, the analysis suggests …
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