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Military expenditure in developing countries raises complex questions regarding growth, development, security and governance. This chapter provides an analytical survey of the effects and causes of defense spending in developing economies. Using stylized facts, theoretical models and empirical...
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tax revenue is more than enough to pay for public abatement R&D. Second, tax distortions and externalities substantially …
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tax revenue is more than enough to pay for public abatement R&D. Second, tax distortions and externalities substantially …
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period, first the post-World War baby boom and then the substantial increase in education led to higher economic growth than … otherwise expected. As the pace of increase in education slowed and the workforce aged toward the end of the period, human …
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