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RP RWPPVAP V AAAR

A(MICC)S P

S P (-)

VT

( - U )

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U() S ()

VT

A ()

AAP V P P P P APAP PAAP A ARRPPR ARAW UA PP

AA QPP RP ATR P

U A PPS

PAA VP S VA R RPV S PAP PP AR

PPAA V R AP ARPRR RP P AAPP V PP A A V RVP A R U P AR QPPAU

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A()

VAPAV

PP P (Dutch disease) PPPP AVP P () RP

A R P PW PAA P RPRAA P PR (guilder) V P V PPAV()

AA V PRP

PW RPVA AV V PWPV ARAP RAA PW P '' '' (Booming sector) PP

PAA P V P A QRAP AAU S S PRPP P S PRP RP P

P P AR S ''P AR '' (non-traded goods) PP AP P

P P PR AP AR ''P ARV '' (non-traded services) PPPA P VAVP PV PP V PA A VPP PR P

RT P P APAP P TRT

AP

PPAA PAA PV VPPP RPR VVP

P U A R PRA A S

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A PR AP A V APA P P

PVP PPS AVR VP VP

'''' (Lagging sectors) PPR AVP PP U A A RP V

London Economist P (Dutch disease) () P P R

PPAA VP AAP P W AA P AA

A RPW RV R P RAAR A R R PA R AAR RPW A AA A A A A R

R PP PP

S P P AAAA RA APP

AA AP PRP P RAPAR S VS RV V AA

RRPRP A A SA P V PP AAP PWRR

P AP R R AA (RRVAA) P R P

VP A RRAP R Q R R AAAWPW

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A()

VAA AR

VP A A A (-) AAAP UA ARPPR S S VS RA A

PP

''PP '' (motherof all wars) W AP R A AR V PV ''VPPV '' (mother of all prices)

P V R RVA

RV A V VP A AP

A (U-A) () A PAA AP A PRA (transaction demand)

PA AA RAP PA (precautionary demand) PPA A(speculative demand) RS T S S P P A

RP A RVW PW S R S A A PPRRV P RAA AAR AWA AA RAP

V RP APV AS AV PAP AAU(privatization) P P R RV AAP PAA

V S V QAA ARV A AR AA (-) AAAP UA ARP PR S S VS RA APP

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(-)P AAP

P AV AA APP AAP

P AAP AP SP S ARS P A APA QAP

AAVA PV AVA R S PP

P PS P P A A PRA AW PAAP PA P P AA P AR RU()% R ()% A

AA PP PV

AAPA AAPW S RAA A PP(P)

P RP QRPT A AP A

AAP PP V P A R A

A P AR S P RP AAP A PA AR PPS AARAR AP

R AP RPAA A RPW V()P ()AP U SPS VP P PAR A()% A AR ARP R A AP

()% ()% P RP P V S AAA AP VPP

R V A AR R

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AR

AA V ()% ()% AP A PAR A()%

P PPP P P AVA PR AA APPPP A VP AAP PA A()% R P AR A A AP R AAP (P) AAP RP A

A A AA P V AA R V A

P RA R

PAA P A AAAPA A P A S V

PPAA PP A Q A RRR P AA P

A AP PP A ()()V A PPQ () ()VA AA () () P A AA V PAP V () () () AP PPPP R AR QVP V

PPAA A RP APV R APV P RAPAP AAAPV AR APVPA RV Q P PA P APV PP ARA V S A P AAP

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UTAA V VT RP QTP APWARARAW(IMF)R AA PR (IMF) AA AR R P

A P (IMF) V R QT AA P PAR RPAA P RPV P

AA RAA VPP R AAAP AA

PAA RP A PR A

P PP P R V T AA P QT P A

P P AS S R P A AP

AAA AAP S PAA V P PP PPP ARA

AAA PRP AAPVV S RRS AR S S (APPVV )S AAR PP S R PRV RVA

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A()

V

AAPP P AA PPP V V U PAP AP A QU RV T

P RV R P R VAP A ARA ()

P- AA RP VA

PPA (exchange rate unification) PAA R P (balance of payments)

(current account) P PAPA P

A VT P PA RA (macroeconomic policy) P AA A RP V

(macro) VU P V

R AA R