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Helleiner finds little support in the U.S. for the concessions that would be necessary to make a North American monetary union palatable in Canada. Comparing the U.S. Federal Reserve and the European Monetary Union, he argues that the influence of Canada within a North American monetary union...
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Economists have explained the 2007–2008 global financial crisis with reference to various market and regulatory failures as well as a macro-economic environment of cheap credit during the precrisis period. These developments had important political causes that scholars of international...
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The absence of a formal international regulatory mechanism to facilitate sovereign debt restructuring has long been recognized as a most serious gap in the architecture of global finance. Why has it proven so difficult to create such a sovereign debt restructuring mechanism (SDRM) at the...
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