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At low and moderate levels of government debt, there appears to be little relation between the level of debt and its maturity. But at high levels of debt, a strong inverse relation emerges. We start the paper by documenting this inverse relation for those OECD Countries which have reached very...
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Ireland in the l980s against the background of the new classical economics, The main questions are two: Did EMS membership … supposedly based has one of the highest sacrifice ratios among DECD countries. Ireland did reduce inflation to the German level …
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-- When Finland almost failed -- Albanian pyramid schemes -- Volcanoes, Icelandic banks, and McDonald's -- Ireland's time of …
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area countries now under financial market pressure. (Greece, Ireland, Portugal, Spain and Italy = GIPSY). The key finding … satisfy the Stability Pact. By contrast, Ireland and Spain face more of a liquidity than a solvency problem. Italy seems to …
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of public debt management theories. It discusses the experience of Belgium, Denmark, Ireland, Italy, New Zealand and …
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This article narrates Ireland’s recent odyssey from the pride and envy of Europe to kneeling supplicant through the … triggered and propelled Ireland’s drift towards sovereign default: first, the global financial crisis that drove Ireland into a … reflected by high interest rates and communicated by the massive downgrades of Ireland’s sovereign debt rating. …
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