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Publications (4)
Working Paper
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There are sound theoretical reasons to expect clientelism to suppress economic growth: politicians who garner support by offering employment to voters and grassroots party members can do so more effectively when the voters’ participation constraint is met with low wages. Hence, clientelism can...
Blog
Tony Addison Today, there is much frustration with the financial sector. Society’s precious savings are not being put to the best of uses—investing for the social good. It is unnecessary to repeat at length what has gone wrong over the last few years. The situation can be summed up as one where...
Book Chapter
From the book:
From Capital Surges to Drought
Working Paper
pdf
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...
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