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known as the "flying geese" paradigm. Greenfield foreign direct investment decisions constitute a forward-looking indicator … of where production is expected, rather than trade flows that reflect past investment decisions. Exploiting differences … investment growth from high-income countries to low- and middle-income countries over 2004-15. Past a threshold, however …
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Does democratization promote economic competition? This paper documents that the disruption of political connections associated with Suharto's fall had a modest pro-competitive effect on Indonesian manufacturing industries in which his family had extensive business interests. Firms with...
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