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This book sets forth both a theory and a comparative empirical analysis of stagflation, that peculiar combination of … several key recommendations for the mix of demand management and incomes policies necessary to combat stagflation in …
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Emerging countries in many cases are more crisis-prone than highly developed industrialized countries. This is in many cases due to a weak or volatile financial sector. The best policy to strengthen crisis resistance is the building up of a sound financial position. A sound financial position of...
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