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While this strategy was successfully restoring an external equilibrium, its consequences for domestic demand and employment are less positive. The World Bank says it is also working on a way forward to cancel the remaining debt. The current membership of the Committee, including a majority of non-government members, was a good step toward an open and responsive approach to reform policy. The crisis revealed the need for a strategic review of the existing social protection system in Estonia.

Pages: 696

Publisher: SAGE Publications, Inc; Second Edition edition (December 9, 2009)

ISBN: 1412939089

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