Iceland did not implement the austerity policies that are so often associated with IMF loans, and yet

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Iceland did not implement the austerity policies that are so often associated with IMF loans, and yet the economy recovered. Does this suggest that austerity policies do not work?

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International Business Competing in the Global Marketplace

ISBN: 978-1259578113

11th edition

Authors: Charles W. L. Hill

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Question Posted: May 26, 2017 10:06 AM

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Iceland did not implement the austerity policies that are so often associated with IMF loans, and yet

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Not necessarily Iceland was able to recover without implementing austerity measures b...View the full answer

International Business Competing in the Global Marketplace

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