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Using a new fiscal dataset for small states, this paper analyzes the link between country size, government size, debt, and economic performance. It finds that on average small states have larger governments and higher public debt. Although there are intrinsic factors that explain why governments...
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Providing an integrated analysis of the event and its consequences, the chapters in the book consider the causes of the crisis, the response of the US government and International Monetary Fund, adjustments in the Korean monetary and fiscal policies, and the success of financial and corporate...
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This book offers a comprehensive guide to the on-going Greek debt crisis. It identifies and explains Greece … on to outline the banking system in Greece in the post-crisis era, and includes analysis that explains how the credit … rating score affected Greece’s borrowing capacity prior to the start of the insolvency crisis. The final part analyses and …
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This policy brief provides a discussion of the relationships between austerity, Greece's macroeconomic performance … significant reduction in healthcare expenditure, which made Greece more vulnerable to the recent pandemic. Finally, it shows how …
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