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Where Do We Invest? A Cross-Country Comparison

Jung, Woo; Ahn, Kookshin; Hong, Kittack - In: Journal of Economic Development 25 (2000) 1, pp. 95-109

This paper suggests that an over-investment on real estate may be one major source of the fundamental weakness of some financially troubled Asian economies. An over-development of the real estate sector could dissipate the crucial process of building a strong productive capacity of the economy....

Persistent link: https://www.econbiz.de/10009351149