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In this book, experts in international economics analyze the synchronization of business cycles and their volatility. Based on this, they discuss the need and feasibility of internationally coordinating monetary, fiscal, and exchange rate policies
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Countries through the world have experienced increased globalization over the last several decades facilitated by …. However, a globalization gap exists dividing those countries with greater globalization from those countries with less … globalization. Therefore, the two major questions of this research are: first, whether countries with low level of globalization in …
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