Murphy et al. (1989). We show under which conditions the global economy in our model is caught in a poverty trap … the set of parameter combinations leading to a poverty trap, whereas international trade makes it more difficult to …

whether globalisation makes it easier or harder for a country to escape from a poverty trap. Our model gives a definite answer … to this question: Globalisation makes it harder to escape from a poverty trap since the adoption of the modern technology … returns to scale at the firm level and pecuniary externalities can give rise to a poverty trap, thereby formalising an old …

whether globalization makes it easier or harder for a country to escape from a poverty trap. Our model gives a definite answer … to this question: Globalisation makes it harder to escape from a poverty trap since the adoption of the modern technology … returns to scale at the firm level and pecuniary externalities can give rise to a poverty trap, thereby formalising an old …

whether globalisation makes it easier or harder for a country to escape from a poverty trap. Our model gives a definite answer … to this question: Globalisation makes it harder to escape from a poverty trap since the adoption of the modern technology … returns to scale at the firm level and pecuniary externalities can give rise to a poverty trap, thereby formalising an old …

Murphy et al. (1989). We show under which conditions the global economy in our model is caught in a poverty trap … the set of parameter combinations leading to a poverty trap, whereas international trade makes it more difficult to achieve …

whether globalization makes it easier or harder for a country to escape from a poverty trap. Our model gives a definite answer … to this question: Globalisation makes it harder to escape from a poverty trap since the adoption of the modern technology … returns to scale at the firm level and pecuniary externalities can give rise to a poverty trap, thereby formalising an old …

whether globalisation makes it easier or harder for a country to escape from a poverty trap. Our model gives a definite answer … to this question: Globalisation makes it harder to escape from a poverty trap since the adoption of the modern technology … returns to scale at the firm level and pecuniary externalities can give rise to a poverty trap, thereby formalising an old …

whether globalization makes it easier or harder for a country to escape from a poverty trap. Our model gives a definite answer … to this question: Globalisation makes it harder to escape from a poverty trap since the adoption of the modern technology … returns to scale at the firm level and pecuniary externalities can give rise to a poverty trap, thereby formalising an old …

whether globalisation makes it easier or harder for a country to escape from a poverty trap. Our model gives a definite answer … to this question: Globalisation makes it harder to escape from a poverty trap since the adoption of the modern technology … returns to scale at the firm level and pecuniary externalities can give rise to a poverty trap, thereby formalising an old …