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In a 2005 article in this journal, Genberg poses the question of whether countries with IMF programs have “privileged access” to international capital markets. In attempting to answer this question, he cautions about reading too much into some of the recent literature. In this paper, we...
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The contentious issue of dividing Canada's public debt in the event of Quebec's secession has already received considerable attention. Many of the proposed division rules, however, have been either normatively motivated or analytically unjustified. After reviewing the existing literature, this...
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