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The 1944 "Bretton Woods Agreement" gave birth to the new international financial system marked by the centrality of the US dollar which is a crucial pillar of the global power of the United States. Over the past eight decades, the asymmetry of the shrinking US economic weight in the world...
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This working paper empirically and theoretically analyzes the exchange rate's role in Mexico's development for the … generated by the drop in oil prices to replicate stylized facts for Mexico for the period under investigation. The scenario …
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