Financial Markets

Financial Markets

4.11 - 1251 ratings - Source

However, a sharp increase in interest rates during a crisis has been shown to have disastrous consequences for the domestic economy. ... A further channel through which a capital-account led crisis will impact on poor people is reduced growth. ... people living in poverty in Russia, where the poverty headcount ratio increased by 50 per cent between 1996 and 1998, as well as in Argentina where over 50anbsp;...

Title:Financial Markets
Author:Jenny Kimmis
Publisher:Oxfam -


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