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case study on the flow of funds accounts in Japan between 1980-2017. We found that money stock equals total domestic debts … time series. Current empirical finding demonstrates that the majority of money is created as interest-bearing debts …
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Global remittance flows have increased rapidly in recent years and are considered by many governments as being of high policy interest particularly in analysing their impact on economic development and security. Remittances are defined as representing household income from foreign economies...
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