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This paper is intended to provide an updated discussion on a series of issues that the relevant literature suggests to be crucial in dealing with the challenges a middle income country may encounter in its attempts to further catch-up a higher income status. In particular, the conventional...
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globalization on the economies and cultures of the world, arguing that international integration can lead to national disintegration …This chapter begins by noting that culture as an element in economic development in the Third World has been largely …
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