Browsing Chakraborty, Shankha by Subject "Agency costs"

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Costly Intermediation and the Poverty of Nations

Chakraborty, Shankha; Lahiri, Amartya (University of Oregon, Dept. of Economics, 2003-01-01)

Distortions in private investment due to credit frictions, and in public investment due to corruption and bureaucratic inefficiencies, have both been suggested as important factors in accounting for the cross-country per ...