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exchange rate as an adjustment instrument. This is an even more basic challenge for the EU because the enlargement challenge … common currency. This contribution deals with these two basic challenges for the EU over the next decade. It starts with a …
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Financial markets underwent significant changes worldwide within the last decades. Structural changes involving traditional operators led to modifications of the regulatory as well as supervisory settings of the financial system. Therefore, the paper tries to find a solution for a proper and...
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