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Intro -- Contents -- I. INTRODUCTION -- II. THE BUILDING BLOCKS -- III. LEVEL AND VOLATILITY OF MACROECONOMIC OUTCOMES … -- IV. MAGNITUDE AND VOLATILITY OF SHOCKS -- V. MACROECONOMIC POLICY VOLATILITY -- VI. STRUCTURAL POLICY VOLATILITY AND …
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This paper presents a simultaneous assessment of the relationship between economic performance and three groups of economic reforms: domestic finance, trade, and the capital account. Among these, domestic financial reforms, and trade reforms, are robustly associated with economic growth, but...
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