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of development, ie the relative income level and high capital building. The positive impact of a closing income gap …
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of development, ie the relative income level and high capital building. The positive impact of a closing income gap …
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Global financial integration has been associated with divergent patterns of real convergence and the current account in emerging markets. While countries in emerging Asia have been running sizeable current account surpluses, countries in emerging Europe have been facing large current account...
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