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The process leading to WTO accession is complex, requires solid domestic coordination mechanisms in the acceding country, a rethinking of its economic and trade policies and significant domestic structural reforms. It often implies the creation of new institutions designed to coordinate and...
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and financial crises. This paper compares the adjustment programs undertaken by the four countries. The sudden-stop of … Greece, with intermediate cases like Portugal and Spain. Contrary to a number of economists, the adjustment programs in these … this was a special case and the factors that contributed to the failure of the previous two adjustment programs. The …
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