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Figures for 1995 estimate trading by dealers in the foreign exchange market at over $1,200 billion per day, most of it with other dealers. Some have linked this volume to concerns of excessive volatility in the market. Tobin's proposal to address this volatility with a small tax on all foreign...
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sub-standard economic performance. They are: long-term trends in world commodity prices, volatility, crowding out of … to overcome the pitfalls of the Curse. Ideas include indexation of oil contracts, hedging of export proceeds …
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