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Debt Sustainability and Intertemporal Budget Constraints: Development Traps in Belt and Road Financing

BRI loans test intertemporal budget constraints, risking debt traps when growth and tradable returns fall short....
4 min read
Monopolistic Competition Video
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Monopolistic Competition Video

Saddique Ansari • January 31, 2020 • 1 min read

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Monopolistic competition

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5 Stacks of pennies and other coins in ascending order from left to right.

Credit Rationing and Information Asymmetry: The Economics Behind Online Micro-Loans

Credit rationing and asymmetric info explain why high-risk micro-loans exist and carry high rates....
4 min read

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