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The theoretical richness and variety of the new growth literature can make it difficult to capture the essence of growth models. With this paper, we wish to provide one possible integrating view of the nature of the growth generating processes. Revisiting the models that constitute the core of...
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A new world order is taking shape as a result of the relative decline of the United States (US) and other Western … phenomena, attention is paid to the role of profitability as a driver of productivity and investment and global hegemony as a … likelihood of a global reset as the centre of world development shifts to Asia and the Eurasian continent. …
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