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been considered among the strongest in the developing world. The crises eventually spread to Russia, Turkey, and Latin … America, and impacted the economies of many industrialized nations as well. In today's increasingly interdependent world …
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The paper analyses how the IMF brought its experience gained in emerging market sovereign debt crises in the troika’s handling of the euro crisis. We link models of multiple equilibria with the IMF's experience made in Latin American crises in the 2000s. We examine subsequent changes in the...
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