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Spain's economic expansion and social modernization ended abruptly in 2008 when the turbulence of the US economy spread to international financial markets. This chapter analyses the impact of the international crisis in Spain, where the problems were to be deeper and longer-lasting, given the...
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The paper compares the monetary policy in Croatia during two crises: the great recession and the COVID pandemic. The great recession was a global financial shock that strongly affected Croatia. During the great recession, the central bank was focused on exchange rate stability with little regard...
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