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developed, and strategies to achieve resilience to both inflows and outflows in a world where exogenous events may frequently …
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In a financially interconnected world, individual countries’ policy choices affect other economies and can become a …
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This paper examines how capital account liberalization (CAL) affects Foreign Direct Investment (FDI) inflows. The authors use the System Generalized-Method-of-Moments (GMM) estimator developed for the dynamic panel model for a sample of 17 Middle East and North Africa (MENA) countries from 1985...
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