Susceptibility to foreign shocks would be an adequate phrase to describe the Colombian peso's behavior against the U.S. dollar over the past months.
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China is finally losing steam after a decade of rapid economic expansion. GDP growth slowed to 7.7 percent in the first quarter, a considerable drop f...
The crisis has forced economists and policy makers to go back to their drawing boards. Where did they go wrong, and what implications does the crisis have for both macroeconomic theory and macroeconomic policy making?
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