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give Western democracies the technology to make credible delegation commitments, and argues that the ECB is an example of …
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This paper shows that whether natural resources are good or bad for a country's development depends crucially on the interaction between institutional setting and the type of resources that the country possesses. Some natural resources are for economical and technical reasons more likely to...
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the new technology is emphasized. A major finding for all breakthroughs is that there is a long lag from the time of the …
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