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The article explores the legislative and regulatory responses to the global financial crisis, from a US-EU comparative perspective, focusing on the measures dealing with banks' and financial intermediaries' distress. A dual-stage approach in both legal systems is identified: the first, aiming to...
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, including the introduction of a currency regime between the major players in the world economy as well as unilateral measures to …
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global investment. According to Mishkin, the international community must provide incentives for developing countries to …
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