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This document reviews the consequences, for Argentina and South America, of the rise of China as the world's second … United States, both as a consequence of China's penetration of its "back yard", and of wider economic and geopolitical …
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According to Kaldor (1970), regional growth patterns arise from a cumulative causation process as broadly combining two substantial mechanisms i.e. a productivity regime, known as the “Kaldor-Verdoorn” law, and a demand regime due to the expansion of exportations. This paper attempts to...
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