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After analyzing the different reasons why the financial system and also the regulatory framework induced procyclicality, this paper reviews the experiences of three countries which have introduced dynamic provisioning as a regulatory tool to limit procyclicality. The case of Spain - the country...
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"Contributing authors to this volume re-examine the concept of the developmental state by providing further theoretical …
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conventional neoclassical doctrine that economies are more efficient if the state withdraws from it. It develops a “space …-time” approach to state theory as a way of explaining development outcomes in the global economy as the latter increasingly shifts to …Chapter 1. Introduction: Revisiting State theory in Knowledge Capitalism after markets failure and pandemic crisis …
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