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International Liquidity: The Fiscal Dimension

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NBER2011-09-01 更新2025-01-04 收录
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This paper argues that if policymakers seek to enhance global liquidity, then the international community must provide a higher and better coordinated level of fiscal support than it has in the past. Loans to troubled sovereigns or financial institutions imply a credit risk that ultimately must be

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2011-09-01
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