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ABSTRACT. OECD holds that the potential gains in terms of higher incomes are large. Haden points out that the concept of self-organization provides a framework for understanding how systems grow and develop over time that is inclusive of internal constraints. Kaludis and Stine hold that institutions need to make overt and significant decisions about deploying their strategic assets as part of a cost management approach. Obstfeld claims that the recent resurgence of exchange rate pessimism stems from oversimplified modeling strategies rather than from evidence.

 

GEORGE HODOROGEA
Wales University
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