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Publications (4)
Research Brief
The view that democracy can be good for development has held sway in influential international development policy circles for over two decades now. And over that time considerable efforts have been made internationally to give direct encouragement and support to moves towards democratic transitions...
Working Paper
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– Implications for Supporting Democratic Change in North Africa
The so-called ‘Arab spring’ in North Africa and the Middle East in early 2011 took many political commentators by surprise. It challenged international democracy support to learn from its own limitations while potentially offering exciting new opportunities. The global momentum of democratization...
Working Paper
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This article studies the currency risk management of multinational companies with investments in Latin American countries. The analysis is centred on episodes of currency or financial shocks, searching into the behaviour of the financial management of a firm expecting a significant devaluation. This...
Working Paper
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This paper examines what might be done to limit the boom-bust cycle in the flow of capital to emerging markets. Although the paper accepts that some types of capital flow (notably foreign direct investment) are much less problematic in this respect than others (notably short-term bank loans), it...
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