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growth for a selection of 200 economies around the world for the period 1990-2018. We subdivided the sample into World Bank …
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This paper focuses on the debt build-up that frontier low-income developing countries (LIDCs) have faced since 2012. First, it documents a 20-percentage point increase in the external and government debt-to-GDP ratios, a composition shift toward higher non-concessional debt, and a rise in...
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According to the World Bank, decentralization of government is a pivotal force that will shape global development …
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