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For the past 40 years, the most dynamic economies in the world were China and India. From approx. 5% of US GDP level …, China grows to 26% and India to 11% of current US levels. The ratio of foreign trade to GDP is similar for both countries as … well as capital flows to GDP. So why did China outperform India twice in terms of GDP growth and why is India first now …
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This chapter analyzes the European Union's (EU) development initiatives in Africa. The relationship between the EU and Africa dates back to the inauguration of the EU in the 1950s and has since undergone different iterations as a paragon of Global North and Global South development interactions....
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In Brazil, coffee is one of the most important crops, particularly regarding job creation and foreign exchange. Since …
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main institutional driver of the country's catch-up industrialization. In this paper, we test this assertion by evaluating … productivity. In line with theories of late industrialization, we also find evidence that the effect of public credit was larger in …
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