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” world, especially sub-Saharan Africa, has been getting poorer while the advanced economies have been getting richer. To …
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This paper shows that the behavior of entrepreneurs facing incomplete financial markets and risky investment can explain why growth accelerations in developing countries tend to be associated with current account improvements. The uninsurable risk of losing invested capital forces entrepreneurs...
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-Saharan Africa from colonial rule; a country which was a primary role model for many African states has such a low level of literacy …
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. There is more and more resistance to their application in the 21st century. The ideas have led to the marginalisation of …
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