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This paper argues that the more open a city is to immigration, the more likely it is to welcome -- and hence also receive -- foreign direct investment. If immigration is allowed to complement the inflow of foreign capital, urban rent rises by more. This extra rise in rent aids in appeasing...
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Cities in the developing world are rapidly expanding, boosting countries’ economies, reducing poverty, and fueling … range of shocks and stresses that cities may encounter. The flagship report -- co-authored by the World Bank Group and the … poverty and promoting shared prosperity. And while, over the last five years, the World Bank Group has financed more than $9 …
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This paper provides a computable general equilibrium analysis of the medium to long-run impact of FDI inflows on poverty and income distribution in Bolivia. The CGE analysis addresses several important transmission channels which have been neglected in the empirical literature by (i)...
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