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Don't Get Carried Away Now!
Don't Get Carried Away Now!
As Paul Krugman recently pointed out, one of the key points to be found in the latest IMF World Economic Outlook was that recessions caused by financial crises tend to get resolved on the back of export-lead booms, with countries normally emerging from the crisis with a trade balance of more ...
Payment By "Voucher" In Latvia?
Payment By "Voucher" In Latvia?
balticeconomy.blogspot.com — This sounds like something straight from the Argentine history book. Yesterday someone left this comment on my... Latvian Blog: By the way, latest idea in Latvia is to issue vouchers as a substitute to LVL (thats in case Latvia doesnt get any money from IMF). So if you work in public sector, your ... (more) Payment By "Voucher" In Latvia?
The New Orthodoxy Is Upon Us
The New Orthodoxy Is Upon Us
fistfulofeuros.net — We seem to be witnessing the arrival of some kind of new financial orthodoxy. The IMF put... it like this in the Hungary Standby Loan Report (which by chance I was reading last night): In emerging market countries with debt overhangs, the “Keynesian” effect of fiscal adjustment is likely to be ... (more) The New Orthodoxy Is Upon Us
Is Hungary Set To Become The New Iceland?
Is Hungary Set To Become The New Iceland?
globaleconomydoesmatter.blogspot.com — by Edward Hugh: Barcelona Iceland, why on earth Iceland? Well, the issue I have in mind concerns... the independence and viability of central bank monetary policy (especially in a small open economy like Hungary's) and the role interest rates, and investor sentiment, and yield differentials, and oh ... (more) Is Hungary Set To Become The New Iceland?
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