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View all search resultsMany advanced economies that once set the benchmark for macroeconomic discipline now struggle with problems more common to emerging markets. For emerging economies with sound policies, this creates a rare opportunity to narrow the credibility gap.
Indonesian authorities currently categorize six volcanoes as alert level 3, which signifies an increase in volcanic activity whereby eruptions may occur, just one step shy of the final level that describes a high likelihood of an imminent, substantially more dangerous eruption.
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