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This paper argues that the key deep underlying fundamental for the growing international imbalances leading to the collapse of the Bretton Woods system between 1971 and 1973 was rising U.S. inflation since 1965. It was driven in turn by expansionary fiscal and monetary policies—the elephant in...
Persistent link: https://www.econbiz.de/10012906267
This paper argues that the key deep underlying fundamental for the growing international imbalances leading to the collapse of the Bretton Woods system between 1971 and 1973 was rising U.S. inflation since 1965. It was driven in turn by expansionary fiscal and monetary policies--the elephant in...
Persistent link: https://www.econbiz.de/10012481056
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Persistent link: https://www.econbiz.de/10011981874
Depression a watershed period in the history of the American economy? This volume organizes twelve scholars' responses into four …, and the changing international economy. The central focus across the chapters is the well-known alternations to national … economy, while not omitting reference to the 1930s. The essays consider whether New Deal-style legislation continues to …
Persistent link: https://www.econbiz.de/10013042247
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Do trade reforms that significantly reduce import barriers lead to faster economic growth? In the two decades since the critical survey of empirical work on this question by Francesco Rodriguez and Dani Rodrik in 2000, new research has tried to overcome the various methodological problems that...
Persistent link: https://www.econbiz.de/10012867590
Do trade reforms that significantly reduce import barriers lead to faster economic growth? In the two decades since Rodríguez and Rodrik’s (2000) critical survey of empirical work on this question, new research has tried to overcome the various methodological problems that have plagued...
Persistent link: https://www.econbiz.de/10013322346
Do trade reforms that significantly reduce import barriers lead to faster economic growth? In the two decades since Rodríguez and Rodrik's (2000) critical survey of empirical work on this question, new research has tried to overcome the various methodological problems that have plagued previous...
Persistent link: https://www.econbiz.de/10012479877