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In the first decade of the twenty-first century, the biggest event of worldwide proportion was the 2008 global financial crisis, which was caused primarily by ineffective governance, failed surveillance systems, and implementation flaws. While fiscal and monetary policies succeeded in pulling...
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implications for a regional cluster. This volume focuses on Austria, Belgium, the Netherlands, and Switzerland. …
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We study the sustainability of public debt in a closed production economy where a benevolent government chooses fiscal …
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