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it is concluded that the deepening problems found in economies across the developed world are not due to governments …
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Dynamics of Balance of Payment developments are still barely researched. Chapter 1 tries to summarize empirical evidence between institutional determinants and BoP movements and proposes a framework for the role of institutions in a debt cycle. It is found that “good” institutions do help a...
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In this paper the euro crisis is interpreted as the latest episode in the crisis of finance-dominated capitalism. For … 11 initial Euro area countries, the major features of finance-dominated capitalism are analyzed; specifically, the … approach tackling the basic contradictions of finance-dominated capitalism and the deficiencies of European economic policy …
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scholars, European politicians and representatives from the world of business. They reflect on the origins of the crisis as …
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