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Taiwan's remarkable growth record has been the result of an outward-looking, export propelled development strategy …. Recently unfavourable political and economic events have adversely affected Taiwan’s economy. This article analyses the country …
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This paper argues that openness to goods trade in combination with an unequal distribution of political power has been a major determinant of the comparatively slow development of resource- or land-abundant regions like South America and the Caribbean in the nineteenth century. We develop a...
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