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, especially in Africa, the role of foreign aid in the future should be distinctly different. While aid will be required to … very different role in facilitating the creation of institutional mechanisms that help mobilize more funding from other … ; infrastructure ; Africa ; finance ; funds ; private sector …
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This paper proposes an overlapping generations multi‐sector model of the labor market for developing countries with three heterogeneities – heterogeneity within self‐employment, heterogeneity in ability, and heterogeneity in age. We revisit an iconic paradox in a class of multi‐sector...
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