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Today, the divergence between the 'West' and the 'Rest' is visibly unravelling, as economies in Asia, Latin America and even sub-Saharan Africa converge on the rich economies of Europe and North America. This phenomenon, which is set to define the twenty-first century, both economically and...
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The paper looks at the development of the secular stagnation thesis, in the context of the economic history of the time …
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