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Research Summary The microfinance “group lending” approach has achieved widespread success in promoting high rates of repayment, and thus…
This paper shows that China's lending boom to developing country sovereigns has largely ended and that debt distress and defaults are…
The global economy has witnessed great economic volatility in the first two decades of the 21st century. Yet over this period, and in…
This paper shows that China has launched a new global system for cross-border rescue lending to countries in debt distress. It builds the…
Concerns about fraud in welfare programs are common arguments worldwide against such programs. We conducted a survey experiment with over…