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"The authors describe the main trends of Brazil's fiscal policy during the past decade and analyze (1) the ability to raise the primary surplus in response to external shocks, (2) the pro-cyclical nature of fiscal policy, and (3) the long-run impact of government expenditure composition and...
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Vietnam has demonstrated great and almost unrivaled development success over the past few decades as evidenced by a … variety of measures, including national income, poverty reduction, and access to services. However, Vietnam's performance in … framework, highlights that Vietnam is comparing less favorably when benchmarked against countries at similar income level, in …
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