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"This book revisits a distinction introduced in 1921 by economists Frank Knight and John Maynard Keynes: that between statistically predictable future events ("risks") and statistically unpredictable, uncertain events ("uncertainties"). Governments have generally ignored the latter, perceiving...
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This study investigates the relationship between natural resource rents, human development and economic growth in Sudan … role in determining a difference in whether a country is cured or blessed by resource abundance. In the case of Sudan, no … Sudan. Empirical evidence from the estimated VECM shows that economic growth is positively affected by resource rents and …
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