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deficits and rising risk premiums on government bonds, is one of the most challenging economic policy issues for Europe. We … the best way to preserve long-term economic stability in Europe. …
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This paper empirically investigates the differences in the motives of raising privatisation proceeds for a panel of EU countries from 1990 to 2000. More specifically, we test whether privatisations can be mainly interpreted (a) as ingredients of a larger reform package of economic liberalisation...
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