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The last decade has witnessed an increasing global awareness of human impact on the planet's climate and its likely consequences. However, strategic and structural complexities hinder further compliance and participation in efforts to establish a global agreement for climate change mitigation....
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We show that the Dutch disease can arise solely because of the distribution of the natural resource rents. In particular, a less equal distribution of the natural resource rents can generate manufacturing sector stagnation and lower long-run growth even for a country with a smaller resource base...
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