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The current financial, economic and fiscal crisis is among other things characterised by complex interrelations between financial, fiscal, macroeconomic and political instability. One instability breeds another, with feedback loops generating self-reinforcing adverse cycles: The financial crisis...
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investment, and to fuel innovation. These needs, and the corresponding policy challenges, are especially prevalent in Europe, in … particular Central, Eastern and South-Eastern Europe. On this issue, this book contributes important lessons learned from earlier …
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