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, despite well-known deficiencies. This paper develops and applies optimal aggregators for the real-world case of multiple …
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substantial welfare benefits for the world, and for China and India, and to act as a powerful offset to the terms-of-trade losses …
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The financial crisis arose in the industrial countries, but has affected developing countries through higher interest rates, sharp changes in commodity prices, and reductions in investment, trade, migration and remittances. For most low-income countries, shocks that affect food prices or wage...
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liberalization could move the world some way toward those desirable outcomes, but more so the more developing countries themselves …
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