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The aim of this paper is to provide a comparative analysis of out-of-court alternatives in Latin America. It focuses on the importance of these alternatives to restore financial viability to troubled companies in a scenario of recurrent regional instability. The importance of out-of-court...
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and state finance in imperial Brazil -- The democratic consequences of inflation-tax banking in Brazil -- Traveling to …
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the inputs that are required to calculate such spreads. This note provides some evidence from Argentina and Brazil that …
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Autocracy Fails -- 12. Inflation Machines -- 13. The Democratic Consequences of Inflation-Tax Banking in Brazil -- Section Four … banking crises since 1840, while Canada has had none. The banking systems of Mexico and Brazil have not only been crisis prone … history of the United Kingdom, the United States, Canada, Mexico, and Brazil through several centuries, Fragile by Design …
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A personal bankruptcy law that allows for a "fresh start" after bankruptcy reduces the individual risk involved in entrepreneurial activity. On the other hand, as risk shifts to creditors who recover less of their credit after a debtor's bankruptcy, lenders may charge higher interest rates or...
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