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This work examines the political economy of exchange-rate policies in the eastward expansion of the eurozone. Analysis shows that prospective members of the EMU are likely to pass on some costs of convergence to the current EMU members. The mechanism is an altered exchange-rate policy that...
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Luck egalitarians argue that distributive justice should be understood in terms of our capacity to be responsible for … our choices. Both proponents and critics assume that the theory must rely on a comprehensive conception of responsibility …
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