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Trade, gravity and sudden stops : on how commercial trade can increase the stability of capital flows

Cavallo, Eduardo A. (contributor) - 2006

Financial stability is an important policy objective, since crises are associated with large economic, social and political costs. Promoting stability requires preventing "sudden stops" in capital flows, which are events in which foreign financing abruptly disappears. This paper contributes to...

Persistent link: https://www.econbiz.de/10003775779