最終更新日:2022/12/24
Kaufmann (and others) show that macro-policy distortions, such as overvalued exchange rates, trade restrictions, and poor fiscal policies, partially account for the disappointing rates of return.
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Kaufmann (and others) show that macro-policy distortions, such as overvalued exchange rates, trade restrictions, and poor fiscal policies, partially account for the disappointing rates of return.