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Chapter 1. Introduction -- Chapter 2. World Trade Development -- Chapter 3. Development of the World Trade in the Context of the COVID-19 Pandemics -- Chapter 4. Development of International Trade between the Czech Republic and the Russian Federation -- Chapter 5. Methodology -- Chapter 6. Data...
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Asian emerging market economies have recovered relatively well from the Great Recession of 2008-2009. Emerging Asia has been quite successful in maintaining both macroeconomic and financial stability in a turbulent global environment. Policy frameworks and governance structures have been adapted...
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We analyze the evolution and drivers of inflation during the pandemic and the likely trajectory of inflation in the near-term using an event study of inflation around global recessions and a factor-augmented vector auto-regression (FAVAR) model. We report three main results. First, the decline...
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investigate whether monetary policy has become less effective in the wake of financial globalization. We also examine whether … there is increasing uncertainty for central banks due to globalization-driven changes in the national economic structure. A …
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