Do the biggest aisles serve a brighter future? Global retail chains and their implications for Romania

Interconnections among financial institutions create potential channels for contagionand amplification of shocks to the financial system. Contagion occurs when a shock tothe assets of a single firm causes other firms to default through the network of obligations.We say that contagion is weak if the...

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Bibliographic Details
Main Authors: Javorcik, B, Li, Y
Format: Working paper
Published: University of Oxford 2013