Does economic diversification lead to financial development? : evidence from topography / prepared by Rodney Ramcharan.
An influential theoretical literature has observed that economic diversification can reduce risk and increase financial development. But causality operates in both directions, as a well functioning financial system can enable a society to invest in more productive but risky projects, thereby determi...
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Full Text (via ProQuest) |
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| Format: | eBook |
| Language: | English |
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[Washington, D.C.] :
International Monetary Fund, Research Dept.,
2006.
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| Series: | IMF working paper ;
WP/06/35. |
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Internet
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| Call Number: |
HD75.5 .R36 2006eb
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| HD75.5 .R36 2006eb | Available |