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Interestrates in open economies:real interest rate, parity exchange rates, and country risk in industrial and developing countries.

By: Material type: TextSeries: Policy Research Working Paper 1283Publication details: Washington : World Bank, 1994.Subject(s): Summary: This paper investigates whether the integration of the international capital market is more important than domestic factors in determining interest rates in both industrial and developing countries.
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This paper investigates whether the integration of the international capital market is more important than domestic factors in determining interest rates in both industrial and developing countries.

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