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In: Economics

Suppose that in the next five years CEECs will experience a rapid turnaround (increase and then...

Suppose that in the next five years CEECs will experience a rapid turnaround (increase and then decrease) in capital inflows and output decline. Based on what you know about economic performance and the impact of the 2008 financial crisis on these countries, how would you explain why output might fall further in some countries than in others and why growth might resume relatively quickly in some countries relative to others?

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Rahul Sunny answered 2 years ago
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