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This is an attempt to derive broad, strategic lessons from the diverse experience with economic growth in last fifty years. The paper revolves around two key arguments. One is that neoclassical economic analysis is a lot more flexible than its practitioners in the policy domain have generally...
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Developing countries made considerable gains during the first decade of the 21st century. Their economies grew at unprecedented rates, resulting in large reduction in extreme poverty and a significant expansion of the middle class. But more recently that progress has slowed with an economic...
Persistent link: https://www.econbiz.de/10012246181
Anyone who undertakes to produce a volume of surveys in economic development must confront the question: Does the world really need another one? The field changes over time and, one hopes, knowledge accumulates. So, one motive is the desire to cover the more recent advances. And indeed, economic...
Persistent link: https://www.econbiz.de/10014025725
the well-being of the poor, how to design effective structures and institutions for poverty reduction and what the role of …; both its governance and a historical perspective; inequality, of income, and the potential for conflict; trade and labour … practises in a transitional and developing world, and; the natures and characteristics of institutions and markets …
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