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the goal is to help poor countries build the institutions that best suit their development needs, then the energy and …
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. Overall, the results suggest that trade in capital may have a larger impact on wages than trade in goods …
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results suggest that trade in capital may have a larger impact on wages than trade in goods …
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Writings on the macroeconomic impact of capital account liberalization find few, if any, robust effects of liberalization on real variables. In contrast to the prevailing wisdom, I argue that the textbook theory of liberalization holds up quite well to a critical reading of this literature. The...
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