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The idea of the relation between the economic development level and the balance of payments position is not a new one. Yet, this idea was formalized for the first time in the early 1960s by Charles Kindl.berger in the form of the balance of payments evolution scheme. Although this is a rather...
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A series of wrong policies since the 1980s transformed the Greek economy into a problematic one and almost ready to collapse; for example, artificial increases in employment in nonproductive public services entailing low productivity; increasing wages above those guaranteed by productivity...
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are the most efficient and safe way to integrate into the world economy. Further, we shall examine some structural changes …
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growth rates, the IMF and the World Bank started to recommend to all countries (recommendation that they make currently) to … way to integrate into the world economy. Concluding, only direct foreign investments would allow the re-specialization of … the economy to surpass the situation of maintaining on the world markets only with food products and raw materials. Indeed …
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Millennium Development Goals (MDGs), especially the goal of poverty reduction. Design/methodology/approach – The paper employs … to have significant impacts on poverty reduction. The poverty reducing impact of growth has also been weakened by the …
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