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This book is based upon a comparative public administration research project, initiated by the Hertie School of Governance (Germany) and the Bertelsmann Foundation (Germany) and supported by a network of researchers from many EU countries. It analyzes both the regimes and the practices of local...
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from Austria and Germany -- PART II. Bailouts and Insolvency -- Preventing Local Government Defaults: No-Bailout Policy and …
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contagion. Undergraduate students of money, banking, macroeconomics and financial crises alike will find this collection to be …-500 -- Graciela L. Kaminsky, Carmen M. Reinhart and Carlos A. Vegh (2003), 'The Unholy Trinity of Financial Contagion', Journal of … Economics, 116 (2), May, 489-517 -- Franklin Allen and Douglas Gale (2000), 'Financial Contagion', Journal of Political Economy …
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Why did the Eurozone crisis prove to be so difficult to resolve? Why was it resolved in a manner in which some countries bore a much larger share of the pain than other countries? Why did no country leave the Eurozone rather than implement unprecedented austerity? Who supported and who opposed...
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"Beginning with the 2008 global crisis in the United States, and particularly after the COVID-19 pandemic shook economies around the world, academics, practitioners, and other experts have become increasingly sensitised to the potential for financial and economic fragility to result in a...
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