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emerging economies. The paper develops a three-phase model for product innovation with capital investment under uncertainty to …
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This paper examines China and Africa co-operation from the angle of structural transformation as a major driver of … growth and job creation. Being a bit ahead in the structural transformation process, China can provide ideas, tacit knowledge …, opportunities as well as development finances in Africa's transformation. We review critical parts of China's transformation to see …
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Many transition policies, based on neoclassical economics, failed in Eastern Europe, the former Soviet Union, and China …
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This paper argues that both openness and poverty in a country are endogenously determined by the country’s long-term economic development strategy. Development strategies can be broadly divided into two mutually exclusive groups: (i) the comparative advantage-defying (CAD) strategy, which...
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