. In these and many other cases, radical trade liberalization measures were put in place, or existing programs speeded up … when trade liberalization is implemented simultaneously with stabilization policies is weaker than is usually presupposed … between trade liberalization and exchange-rate stability. However, the credibility of disinflation may be endangered by early …

1930s. We argue that the culprit behind this Great Depression was the collapse of Finnish trade with the Soviet Union … of Soviet-Finnish trade can explain key features of Finland's Great Depression. We also show that Finland's Great … similar trade collapse. However, as a western democracy with developed capital markets and institutions, Finland faced none of …

trade, monetary autonomy, and growth. First we demonstrate that, while pegs frequently break, many do last and those that …