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This paper uses highly detailed, quarterly data for five major industrialized economies to estimate the impact of macroeconomic fluctuations on import protection policies over 1988:Q1 - 2010:Q4. First, estimates on a pre-Great Recession sample of data provide evidence of two key relationships....
Persistent link: https://www.econbiz.de/10010292150
While current instruments of EU economic policy coordination helped stave off a full-scale depression, the post-2007 … global financial and economic crisis has revealed a number of weaknesses in the Stability and Growth Pact, the EU framework … account of the reform proposals adopted by the Commission on 29 September 2010. In our view, the current system of EU rules is …
Persistent link: https://www.econbiz.de/10013208568