Copyright © 2008 Pearson Addison-Wesley. All rights reserved. Chapter 2 International Economic Institutions since World War II.
Copyright © 2011 Pearson Addison-Wesley. All rights reserved. Chapter 2 International Economic Institutions since World War II.
THE BORROWER-LENDER RELATIONSHIP. AGENDA 4 THE RISK SHARING APPROACH 4 COSTLY STATE VERIFICATION 4 INCENTIVES TO REPAY 4 INCOMPLETE CONTRACTS 4 DISCRIMINATING.
Culture and economics. 2 I. Cultural change and Economic development, Algan & Cahuc 09, AER 2010 Knack & Keefer [1997]: Positive correlation between Macroeconomic.