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” – still frustrates strong and inclusive development outcomes in the entire country. If federalism is to succeed, it will need … federalism reforms. This paper explores the risks and potential of the current governance structure of the country upon … examines the cases of three proposed states and the potential for successful federalism reforms by highlighting three areas …
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This paper reconstructs the forgotten history of mutual assistance among Reserve Banks in the early years of the Federal Reserve System. We use data on accommodation operations by the 12 Reserve Banks between 1913 and 1960 which enabled them to mutualise their gold reserves in emergency...
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