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This paper discusses recent empirical research on the interplay between fiscal policies and...

This paper highlights the increased dispersion in net external positions in recent years,...

This paper analyzes the recent behavior of real exchange rates, the trade balance and the net...

This paper examines external adjustment in the United States, Japan and Germany from the...

This paper examines external adjustment in the U.S., Japan and Germany from the perspective of...

The 2007–09 international financial crisis underscored the importance of reliable and timely...