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macroeconomic stability and growth. Second, the tools of macroeconomic policy-fiscal and monetary policy together with debt … deficit and debt ratios. This paper discusses these macroeconomic dimensions, focusing on the developing world. The paper …
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This paper examines the emergence of private debt-led growth in Canada since the Global Financial Crisis (GFC) by means … export-led growth regime in the early 1990s, a shift to a 'falling' weakly export-led regime by 2001, and a turn to a debt …-price competitiveness. Instead, the post-GFC combination of low real interest rates, which encouraged the accumulation of private debt and …
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