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Sweden became a member of the European Union (EU) in 1995. Since then, she has been integrated into the EU's internal … market under the Single Market Programme (SMP). Before Sweden's accession to the EU, she was a member of the European Free … Trade Association (EFTA) signed with the EU in 1972. Later, Sweden signed to become a member of the European Economic Area …
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This paper analyses the smoothing of asymmetric shocks to output for a sample of OECD countries. It also examines whether the private capital markets will be able to replace the government in providing output smoothing in the euro-area, in the near future. The research finds no evidence of large...
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This paper analyses the monetary consequences of the Latin-American trade integration process. We consider a sample of five countries - Argentina, Brazil, Chile, Mexico and Uruguay - spanning the period 1991-2007. The main question raised pertains to the feasibility of a monetary union between...
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