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The world rice market was aflame last spring and for several months it looked as if the trading edifice that had … months and reached a 30-year inflation-adjusted high. Many market observers thought the previous record set in 1974 would … the Philippines did not to set the world market on fire, that was the unintended result of their actions which threatened …
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While the traditional approach to the adjustment of international imbalances assumes industrialized countries at a similar level of development and with similar production structures, such imbalances have historically been the result of a process of catching up by late-industrializing developing...
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