The authors find that raw materials inventories in the manufacturing sector in the 1970s and 1980s were two to three times higher in developing countries than in the United States, despite the fact that in most developing countries real interest rates were at least twice as high. Those significantly high levels of inventories are a burden and an obstacle to country competitiveness and need to be addressed. Poor infrastructure and ineffective regulation...
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INFORMACIÓN
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2003/04/30
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Documento de trabajo sobre investigaciones relativas a políticas
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WPS3012
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1
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1
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2010/07/01
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Just-in-case inventories - a cross-country analysis
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raw material