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How expanding deposit insurance changed investor behaviour in India
In India, expanding deposit insurance coverage improved depositor welfare by reducing risk and encouraging a shift towards safer assets.
How progressive taxation affects tax compliance in developing countries
When people in developing countries believe their tax systems are fair and progressive, they are more willing to pay taxes.
When firms act like banks: Carry trades and currency risk management in emerging markets
Short-term foreign currency borrowing is largely used for carry trade-like activities rather than financing productive investment, underscoring the need to focus on debt maturity and firm heterogeneity when designing policies to manage financial risk...
Can development aid counter insurgencies? Lessons from Afghanistan
Despite extensive investment in development initiatives aimed at building state legitimacy and countering insurgencies, evidence from Afghanistan suggests that such programmes can reduce violence when insurgencies are locally driven but may misalloca...
