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What Do Development Banks Do?Evidence from Brazil,2002-2009
Cost of Capital Credit Equity Banks and Banking Financing and Loans Investment
2015/4/24
While some authors view development banks as an important tool to alleviate capital constraints in scarce credit markets and unlock productive investments, others see those banks as conduits of cheap ...
Interdependencies between Monetary Policy and Foreign Exchange Interventions under Inflation Targeting: The Case of Brazil and the Czech Republic
central banks foreign exchange markets emerging markets nominal exchange rate changes
2011/8/21
Inflation-targeting central banks often explicitly reserve the right to intervene in foreign exchange markets when the exchange rate ‘deviates from fundamentals’ and/or ‘displays excessive volatility’...