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This paper argues that the loose monetary policy of two of the world’s most important financial institutions-the US Federal Reserve Board and the European Central Bank-were ultimately responsible for the outburst of global financial crisis of 2008 - 09. Unusually low interest rates in 2001 -...
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The German experience of the crisis was very different compared to those of most other countries in Europe. Germany was …
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Aufsicht durch den IWF erwogen werden. Letztlich ist eine striktere Regelbindung der Finanzpolitik für alle Länder des … nationalen Schuldenkommissionen dabei den Vorteil, weiterhin antizyklische Finanzpolitik bei gleichzeitiger Glaubwürdigkeit zu …
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