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The paradigm of localization does not necessarily imply a rejection of global or translocal resistance. ALBA is an international cooperation organisation based on the idea of social, political and economic integration of the countries of Latin America and the Caribbean. High debt levels can create vulnerabilities, which amplify and transmit macroeconomic and asset price shocks. Elson (ibid) further observes that human resources have intrinsic value vis-a-vis the instrumental value associated with marketed outputs of prime interest to macroeconomics analysis.
Publisher: Portfolio (November 11, 2002)
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. The global financial crisis and the high associated costs have revived the academic and policy interest in "early warning indicators" of crises. This paper provides empirical evidence on the usefulness of a new set of vulnerability indicators, proposed in a companion paper (Röhn et al., 2015), in predicting severe recessions and crises in OECD countries. To evaluate the usefulness of the indicators the signalling approach is employed, which takes into account policy makers’ preferences between missing crises and false alarms , e.g. http://portraitofacreative.com/books/crossing-the-minefield-tactics-for-overcoming-todays-toughest-management-challenges
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In this paper, we relate the scope and depth of regulatory reforms to growth outcomes in OECD countries download for free.
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