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The aim of this article is to assess the role of Real Exchange Rate (RER) volatility on long-run economic growth for a set of 82 advanced and emerging economies, using a panel data set ranging from 1970 to 2009. With an accurate measure for exchange rate volatility, the results for the two-step...
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This article applies and responds to Hill's 1993 "JCMS" article on the expectations-capability gap that exists in the conduct of the Common Foreign and Security Policy (CFSP). The case study of one of the first CFSP joint actions (South Africa) provides empirical data that suggest that any such...
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