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American Economic Policy and the International Debt Crisis

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NBER1990-12-01 更新2025-01-04 收录
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https://www.nber.org/papers/w3532
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This paper advances the hypothesis that the world debt crisis was mainly induced by the dramatic rise of US interest rates in the first half of the eighties. It sees this rise in interest rates primarily as a result of a tight US monetary policy and excessively large investment incentives provided
创建时间:
1990-12-01
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