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• W1511290223 abstract "Despite the contributions that an efficient financial system can make to economic welfare and growth, many developing countries have traditionally applied a combination of policies toward the financial sector that has impeded the functioning of their domestic financial systems. This policy package has become known as “financial repression.” This chapter will describe this set of policies, and consider how they affect the functioning of the financial system, as well as how they may impinge on each of the channels through which the financial system can promote growth. We will also review some of the evidence on the growth effects of financial repression in developing countries. As we will see, a substantial amount of evidence has accumulated in various forms during recent years suggesting that financial repression has had harmful effects on economic growth." @default.
• W1511290223 created "2016-06-24" @default.
• W1511290223 creator A5010406168 @default.
• W1511290223 date "2003-04-10" @default.
• W1511290223 modified "2023-09-27" @default.
• W1511290223 title "Financial Repression" @default.
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• W1511290223 doi "https://doi.org/10.1017/cbo9780511615870.013" @default.
• W1511290223 hasPublicationYear "2003" @default.
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