1. Understanding Poverty

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  • Financial sector inefficiencies and the debt Laffer curve (English)

    The authors analyze the implications of inefficient financial intermediation for dbt management, using a model in which firms rely on bank credit to finance their working capital needs, and, lenders face...

    Document Type: Policy Research Working Paper Report No.: WPS2842 Document Date: May 31, 2002 Disclosure Status: Author: Agenor, Pierre-Richard,Aizenman, Joshua