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Australia has seen large rises in living standards over the last decades across the whole of the income distribution. Technological change and international trade have contributed to this success, but have also brought structural change. Some industries have declined, while others flourished....
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Urban areas are now home to more than half the population of OECD countries. Megacities like Tokyo with more than 35 million people and Mexico with about 18.5 million, and large agglomerations such as Montreal, Helsinki, Madrid and Stockholm are often called "engines of national growth." They...
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