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Word: decoupledã (lookup in dictionary) (lookup stats)
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...Eswar Prasad, a Cornell economist, and his coauthors have found that many countries have “decoupled?? from the global economy in the past 20 years. Their prosperity now depends much more on the situation of countries like them, not on the global market as a whole. Business cycles in the last two decades tended to have an impact on groups of countries but not on the entire world...

Author: By Jan Zilinsky | Title: Lessons from the Financial Crisis | 10/7/2008 | See Source »

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