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coordination. The major economies of the EU and the US rapidly agreed on a series of measures to limit the crisis. However, the … supplyside optimism in the US ; (d) institutional factors such as the lack of a central fiscal authority in the EU. In response …
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This document analyzes the patterns of fiscal and monetary policy in five economies of the Latin American Southern Cone (Argentina, Brazil, Chile, Paraguay and Uruguay) during four episodes of international crises: 1994, 1997-1999, 2001 and 2008. In contrast with earlier episodes when most...
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