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Presents debates from researchers on some of the important questions in economics: Do growth rates converge? Does trade liberalization foster economic growth? Do trade agreements help or hinder growth? Does financial liberalization stimulate economic development? Does economic growth make us happier? And is the welfare state bad for growth?
This book focuses on the rapidly growing research field of imperfect competition, asymmetric information and other market imperfections in a macroeconomic context. Whilst the book includes state of the art research at the frontier of the discipline, it also includes several general surveys which synthesize the large literature in the area in recent years.
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