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Intersectoral financial flows in developing countries (anglais)

This paper is about financial flows in developing countries. It reviews the evidence on who the borrowers and lenders are. Apart from collecting and summarizing available data from some seventeen countries, the paper presents the results of an econometric analysis of the interactions between the net lending behaviour of the different sectors. The paper is organized as follows. Section 2 clarifies some terms and in particular explains what a complete...
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