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This well-established work began life in 1997. Its fourth edition (RR 2013/087) highlighted financial markets, and continuing to reflect changes in the world and the subject, its fifth edition highlights globalization and the international economy. In doing this, the editors tell us that they are aiming at a wider readership than just people in the UK: they want to attract an audience in Europe and the USA. The dictionary is a favourite among students coming to economics for the first time although for the more seasoned reader there are many advanced concepts and explanations, as well.

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