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for highly trained and skilled scientists and engineers from the world over. Though this is likely to persist for some …
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This paper considers the implications for developing countries of a new wave of technological change that substitutes pervasively for labor. It makes simple and plausible assumptions: the AI revolution can be modeled as an increase in productivity of a distinct type of capital that substitutes...
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wisdom that globalization has increased the degree of synchronization of business cycles. The evidence that trade and …
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