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Theoretical models of growth reveal that either exogenous or endogenous, technology is the main driving force behind the long-run economic growth. Furthermore, in the endogenous growth framework, diffusion of technology is the basic mechanism of per capita income convergence among countries....
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Wealth inequalities both within and between nations has reached an extreme point and is continuing to increase (Collier P. The bottom billion: why the poorest countries are failing and what can be done about it. Oxford University Press, New York, 2007; Henneberg S, The wealth gaps. Farmington Hills:...
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The claim of globalization critics that the income gap to industrial countries is bound to widen for essentially all … developing countries as a consequence of economic globalization is in conflict with empirical evidence. Economic performance … and foreign indebtedness which may explain the varying experience with globalization in regard to per capita income growth …
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This book examines the two fundamental arguments that are often raised against globalization: that it produces … dispels the notion of the so-called "victim of globalization", demonstrating how, despite popular belief, acceleration of … globalization actually stands to reduce the levels of poverty and inequality worldwide. He poses the question as to whether …
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