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We investigate whether the classic Mundell-Flemming "trilemma" has morphed into a "dilemma" due to financial globalisation. According to the dilemma hypothesis, global financial cycles determine domestic financial conditions regardless of an economy's exchange rate regime and monetary policy...
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, culture choice and the New World Order -- 3. Growth without democracy: Has China’s time of rapid growth come to an end? -- 4 …. Coping with international monetary instability -- 5. Dollar funding stresses in China -- 6. Four challenges faced by central … perils of public debt -- 11. The Fed’s swap lines: Narrow circle, broad effect? -- 12. Bond market crisis and the …
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Desde o princípio da crise econômica mundial, em 2007, o FMI tem atuado em diversas frentes para mobilizar apoio a seus 188 países membros. O Fundo ampliou a oferta e concessão de crédito, valeu-se de sua experiência internacional para sugerir soluções e empreendeu reformas que o...
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