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various proxies, including indices based on expert judgment in some cases. This paper focuses on logistics friction and draws … on a data set recently compiled by the World Bank with specific quantitative metrics of logistics performance in terms of … time, cost, and variability in time. It finds that the new variables that relate directly to logistics performance have a …
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Parallel imports are legitimately produced goods imported legally into a country without the authorization of a trademark, copyright, or patent holder. In the European Union, so long as a pharmaceutical manufacturer has placed a good on the market voluntarily, the principle of free movement of...
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"The "developing world's middle class" is defined here as those who are not poor when judged by the median poverty line of developing countries, but are still poor by US standards. The "Western middle class" is defined as those who are not poor by US standards. Although barely 80 million people...
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"Every year, around 60,000 people die worldwide in natural disasters. The majority of the deaths are caused by building collapse in earthquakes, and the great majority occurs in the developing world. This is despite the fact that engineering solutions exist that can almost completely eliminate...
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