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A Theory of Economic Coercion and Fragmentation

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NBER2024-12-01 更新2025-01-04 收录
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Hegemonic powers, like the United States and China, exert influence on other countries by threatening the suspension or alteration of financial and trade relationships. Mechanisms that generate gains from integration, such as external economies of scale and specialization, also increase the hegemons

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2024-12-01
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