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To date, government procurement has been effectively carved out of the main multilateral rules of the WTO system. This paper examines the systemic and other ramifications of this exclusion, from both an economic and a legal point of view. In addition to relevant elements of the WTO Agreements,...
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paper reviews the recent literature trying to quantify the impact of fiscal policies on productivity and growth … expenditures and taxes as well as the fiscal stance seem to have some effect in the short run, their long-run implications cannot …
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