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antiglobalizers have got it right. While economic globalization can be a boon for countries that are trying to dig out of poverty … the dictates of the international globalization establishment. A definitive statement of Rodrik's original and influential … perspective on economic growth and globalization, <i>One Economics, Many Recipes</i> shows how successful countries craft their …
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The bulk of global inequality is accounted for by income differences across countries rather than within countries. Expanding trade with China has aggravated inequality in some advanced economies, while ameliorating global inequality. But the “China shock” is receding and other low-income...
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This paper explores the causes of India's productivity surge around 1980, more than a decade before serious economic reforms were initiated. Trade liberalization, expansionary demand, a favorable external environment, and improved agricultural performance did not play a role. We find evidence...
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This paper considers a simple model of economic transition to analyse the dynamics of preferences over economic policy … the early stages of the transition, the private sector expands at a rate that is lower than the rate at which the state … subsidy to the state sector, which has the effect of slowing down the transition. The analysis focuses on the dynamic …
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