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In response to the 2008-2009 global financial crisis (GFC), several governments across the world, including Australia, made frenzied efforts to stimulate their economies by increasing spending and accumulating huge deficits. While the effects of stimulus packages are yet to be revealed, the...
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This paper analyses whether the effect of crime on growth depends on the structural changes caused by transition. The result of the simple model suggests that when the structure of economy changes, the cost of economically motivated crime will also change; thus, affecting the impact of crime on...
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