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Bankruptcy in America, in stark contrast to its status in most other countries, typically signifies not a debtor's last gasp but an opportunity to catch one's breath and recoup. Why has the nation's legal system evolved to allow both corporate and individual debtors greater control over their...
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Banking -- 5. Banks and Democracy -- Section Two. The Cost of Banker-Populist Alliances The United States versus Canada -- 6 … banking crises since 1840, while Canada has had none. The banking systems of Mexico and Brazil have not only been crisis prone … history of the United Kingdom, the United States, Canada, Mexico, and Brazil through several centuries, Fragile by Design …
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This volume addresses a variety of topics where economic concepts are intertwined with important legal and policy issues in North America and Europe. Five articles involve analyses of competition issues, including economic plus factors in price fixing cases, the impact of refusals to deal on...
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This chapter surveys the literature on the macroeconomic effects of government debt. It begins by discussing the data on debt and deficits, including the historical time series, measurement issues, and projections of future fiscal policy. The chapter then presents the conventional theory of...
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