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Small, open developing economies in general, and small island developing states (SIDS) in particular, have specific macroeconomic characteristics due both to their openness and their small size. Small size means they can never have fully independent capital-intensive domestic economies, so to...
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""This is surely the best treatment of modern Mexican economic history and the development of an unending crisis. Mexico's close linking to the United States through NAFTA produced an acute vulnerability to the Great Crisis, and this Mexico's current condition ought to be an acute embarrassment...
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