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Financial Integration and Economic Welfare
Financial Integration Economic Welfare
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2015/9/21
In this survey, we attempt
to consider how ˉnancial integration may increase economic welfare with little mentioning
of potentially destabilizing e®ects. Financial crises can result from a rang...
GDP as a Measure of Economic Welfare
GDP Measure of Economic Welfare
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2014/6/24
Ever since the early days of National Income accounting we can observe periodic surges of demands to fix the measurement of GDP to better reflect progress, welfare or even happiness. In recent years e...