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Siebert, titled Global Governance: An Architecture for the World Economy. Assess-ments and forecasts made at that time are … not impose immediate acute costs on the great powers: climate change, financial crises, the world trading system, oil …, treasures from the deep seabed, and the prospect of a killer asteroid. -- Climate change ; financial crises ; the world trading …
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A stable net external position requires that the trade balance responds negatively to changes in the net external position. If financial integration makes financing external imbalances less costly, we expect slower external adjustment in more integrated economies. The study estimates...
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