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In August 2007 the United Kingdom experienced its first bank run in over 140 years. Although Northern Rock was not a particularly large bank (it was at the time ranked 7th in terms of assets) it was nevertheless a significant retail bank and a substantial mortgage lender. In fact, ten years...
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countries with a special emphasis on Finland. While fiscal and monetary policies have definitely impacted on macroeconomic … important in explaining the differences. In particular, the weakness of growth in Finland can best be explained by a series of …
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