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Global Economies

Global Economies
Global Economies

Dutch Disease

Conventional wisdom suggests that prosperity and currency appreciation are good for the welfare of a nation. However, if domestic wealth increases too quickly, a phenomenon known as Dutch disease may…

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Global Economies

Central Banks

What Is A Central Bank? A central bank manages a nation's currency, money supply and interest rates and acts as a lender of last resort to the country's banks. Many…

Global Economies

Basel Accords

What Are The Basel Accords? The Basel Accords are a set of standards created by the Basel Committee to establish uniform banking regulation among the world's financial systems. The Basel…

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