Does financial liberalization really improve private investment in developing countries?

The paper concludes that, in the case of Argentina, it is quite apparent that the effect of interest rates policies on the demand for capital goods is weak, although the total impact might be stronger on the quality of investment than on the quantity. (DSE)

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Veröffentlicht in:Journal of development economics
1. Verfasser: Morisset, Jacques (VerfasserIn)
Format: UnknownFormat
Sprache:eng
Veröffentlicht: 1993
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Zusammenfassung:The paper concludes that, in the case of Argentina, it is quite apparent that the effect of interest rates policies on the demand for capital goods is weak, although the total impact might be stronger on the quality of investment than on the quantity. (DSE)
ISSN:0304-3878