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This paper examines the country specific effect of policy reform on infrastructure spending in China and India. In China we have examined how marketization and decentralization has affected the composition of provincial public expenditure and in the case of India we have examined the impact of...
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transformation is vital for Africa. The region's much-lauded growth turnaround since 1995 has been the result of making fewer … economic policy mistakes, robust commodity prices, and new discoveries of natural resources. At the same time, Africa …'s exports. Industry is most often the leading driver of structural transformation. Africa's experience with industrialization …
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