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"Since the 1997 Asian financial crisis, a popular view among academic economists and policymakers is that developing countries with open capital accounts have only two options in their exchange rate regimes: either float the exchange rate freely or fix it hard. Within a fixed exchange rate...
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The paper asserts that project designs and benefit valuation in the health sector are much more complex than in other sectors that traditionally apply economic cost-benefit analysis. The paper discusses the key issues in the economic analysis of health sector projects and then presents possible...
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), Philippines, and Thailand. It develops a crisis index that measures the impacts of the crisis by comparing actual values of … severity and channels of these impacts varied widely: Thailand suffered the most in terms of reduced growth in gross domestic … problems, particularly Korea's problems with youth unemployment, and Philippines' and Thailand's vulnerable industrial sectors. …
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