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Persistent link: https://www.econbiz.de/10005001232
I discuss how aid can support growth in small, isolated economies. Small markets frustrate scale economies and competition. Combined with high transport costs, essential inputs become prohibitively expensive. Breaking the coordination problem requires pio
Persistent link: https://www.econbiz.de/10010854445
After the Second World War, Mozambique went through a series of transformations, from an incipient industrializing colonial society to an independent country with a central planned economy, plus a regional and internal war, and finally from 1994 onwards,
Persistent link: https://www.econbiz.de/10010854546
political or bureaucratic power on farmers. agricultural investment decisions. Our main result is that households significantly … increase their investment in land improvement as a result of relatives moving into public office. Connections to office holders … appear to be important for investment because they strengthen de facto land property rights and improve access to off …
Persistent link: https://www.econbiz.de/10009194520
development, it is not sufficient. Both trade and foreign direct investment create innovation assymetries hindering lagging … conflict of interest between supporting human capital investment and innovation. If only innovation is supported, the human … capital trap will persist. If mainly human capital investment is pursued, technology levels will fall behind; switching to …
Persistent link: https://www.econbiz.de/10005001378
This paper challenges the idea that farmers revert to subsistence farming when confronted with violence from civil war. Macro-economic evidence on economic legacies of civil war suggests that civil wars, while obviously disastrous in the short run, do not
Persistent link: https://www.econbiz.de/10008493682
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benefit from globalization. This paper focuses on one aspect of globalization ? the liberalization of investment policies …, liberalization has a significant and positive effect on investment. Second, liberalization does not have a direct impact on … multinational employment. By increasing investment and employment from multinational firms, these liberalization programmes …
Persistent link: https://www.econbiz.de/10005033162
. In doing so, it considers the main channels of transmission, to focus on international trade, investment, finance and … potential. In future, these countries could also provide resources for investment and technologies for productivity. The …
Persistent link: https://www.econbiz.de/10005033242
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