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Nobel Prize winner James Tobin has made outstanding contributions to modern macroeconomics. In this final collection of his work he examines the economic policies of the United States and its relations with other major economies after 1990. In James Tobin's view, the welfare of populations...
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This paper asks how Asia should prepare for the disorderly correction of global imbalances. It recommends tightening … easily if they are coordinated within Asia. …
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