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Financial crises have become an all-too-common occurrence over the past twenty years, largely as a result of changes in finance brought about by increasing internationalization and integration. As domestic financial systems and economies become more interlinked, weaknesses can significantly...
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Italy's economic stagnation is a matter of fiscal, national, and European concern. Since a good remedy requires an … Italy's recent economic record, the paper reviews three families of explanations: "unwillingness to reform" accounts … this synthesis, the paper argues that Italy's recent stagnation can be traced back to two key moments: first, a failed …
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at a time-varying VAR model of Italy’s relative performance compared with the rest of the euro area, spanning from 1976 …
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hypothesis (TLGH). The cases under analysis are Spain and Italy, two of the most important countries worldwide regarding the …
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