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to define the main FDI determinants that show the capital flows to developing countries in a globalization framework. The … secondary objective of this study is to assign countries' convergence by using the same FDI determinants. FDI flow is one of the … main dynamics of globalization phenomenon thus FDI flow determinations will contribute to countries' process of political …
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Among the developing countries of the world, those emerging markets that have sought some degree of integration into world finance are characterized by higher per capita incomes, higher long-run growth rates, and lower output and consumption volatility. These characteristics are more likely to...
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This paper reviews the determinants of Latin America's uneven growth based on an accounting decomposition that breaks down countries' growth (relative to the world) into three trade-related channels: (i) an export pull measuring the traction exerted by the country's exports, (ii) an external...
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evidence of convergence in three groups of countries. This information is used to distinguish the transitioning countries from …
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The theory of economic development was an exception to Paul Samuelson's claim of being a "generalist" in economics. It was a hard subject to tackle analytically because of the intrinsic difficulty of some of the concepts involved, such as increasing returns and long-term economic evolution....
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