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Working Paper
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This article studies the currency risk management of multinational companies with investments in Latin American countries. The analysis is centred on episodes of currency or financial shocks, searching into the behaviour of the financial management of a firm expecting a significant devaluation. This...
Working Paper
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This paper analyses the reforms that have taken place in the utilities sectors in Spain, with a focus on the political role in shaping the process of these reforms. We argue that the deregulation process was marked by the historical close collaboration between the government and the industry, which...
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