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A Tale of Politically-Failing Single-Currency Area

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NBER2012-09-01 更新2025-01-04 收录
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The global financial crisis which erupted in the United States instantaneously swept across Europe. Like the United States, the European Monetary Union (EMU) was ripe for a crash. It had its own real estate bubble, specifically in Ireland and Spain, indulged in excessive deficit spending,

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2012-09-01
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