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This paper examines the impact of economic policy uncertainty (EPU) from China on firm-level investment in six … Asian firms cut down investment when China's EPU increases. However, a higher level of a country’s financial development … minimizes the reduction in investment caused by China’s EPU. These findings are robust after controlling for firm …
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The IMF's Vulnerability Exercise (VE) is a cross-country exercise that identifies country-specific near-term macroeconomic risks. As a key element of the Fund's broader risk architecture, the VE is a bottom-up, multi-sectoral approach to risk assessments for all IMF member countries. The VE...
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