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Reducing public sector deficits and high debt burdens in part will require an increase in net exports – which is only possible if the countries concerned are able to produce goods and services that are 'competitive' on world markets. Policies aimed at enhancing competitiveness may be offset by...
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Greater integration into the international economy is a key means through which countries in the Middle East and North Africa can reap the benefits of already existing market opportunities to accelerate economic growth and job creation. An effective economic integration strategy requires...
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This paper explores how the political support for Labour Market Regulation (LMR) is affected by economic and political integration in a two country OLG model. We model LMR as wage regulation and analyse three institutional settings: Autarchy, Economic Union and Political Union. In Autarchy...
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