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The effects of OECD macroeconomic policies on non-oil developing countries : a review (الإنجليزية)

The effects of OECD macroeconomic policies on non-oil developing countries are analyzed by examining the well-known theoretical channels of interdependence and some of the available empirical evidence. The current concern with international linkages-which is attributed to the debt crisis of the late 1970s-has a short-term orientation. The interesting question today, it is argued, is whether external growth, through the different cyclical channels...
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