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The 2008-2009 crisis was characterized by an unprecedented degree of international synchronization as all major … prices and economic activity (international recessions) …
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world have altered the transmission mechanism of international business cycles to Latin America. Evidence based on a Global …The international business cycle is very important for Latin America's economic performance as the recent global crisis … world shows that the long-term impact of a China GDP shock on the typical Latin American economy has increased by three …
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