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investment, integration, and structural and policy deficiencies. These structural features have led to policy challenges in … particular after the crisis of 2008-2009. Which are investment- and export-led growth, which implies slower growth of consumption …
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We empirically assess whether a usually expected negative response of private consumption and private investment to a … there is a fiscal consolidation; iii) there is a crowding-in effect for private investment, from fiscal contractions …
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