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This Selected Issues paper analyzes France's fiscal stance using a structural stochastic model. The theoretical model features a forward-looking benevolent government that needs to decide the optimal fiscal stance given the level of public debt, the cyclical position of the economy, and...
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"With contributions by experts from official agencies in Africa, international financial institutions, the private … sector, and academia, this book focuses on financial sector development in Sub-Saharan Africa and how institutions can play a …
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