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The proposal involves the establishment of ?welfare accounts? for every person in a country. There are to be four accounts: a retirement account (covering pensions), an unemployment account (covering unemployment support), a human capital account (covering education and training), and a health...
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recorded a spectacular growth, reaching US$ 1500 billion per day in the late 1990s or about two thirds of Germany's annual GDP … reconstruction of the financial architecture does not only lack political support. As argued below, some radical reform proposals are …
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