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policy if the world economy is dynamically efficient. From the perspective of a net foreign debtor country that has withdrawn … international policy coordination unless the world economy becomes dynamically inefficient …
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Using the extensive and disaggregated global GINFORS model, consequences of different possible post-Kyoto regimes on the German and European economy and other major economies in the medium run until 2020 are depicted. The approach is very extensive and detailed in comparison to already existing...
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