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Financial Deepening, Terms of Trade Shocks, and Growth Volatility in Low-Income Countries

Author/Editor: Kangni R Kpodar, Maelan Le Goff, Raju J Singh.

Release Date:March, 2019

This paper contributes to the literature by looking at the possible relevance of the structure of the financial system—whether financial intermediation is performed through banks or markets—for more...



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