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economic development. We find that the division of the continent into two blocs (East/West) led to two clusters of development … interactions where each country chooses one of the two existing blocs based on its predetermined bilateral similarities with other … approach, linking global political interdependence to distinct development paths in Africa, relies on history to extract a …
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Industrialization supported by industrial hubs has been widely associated with structural transformation and catch-up. But while the direct economic benefits of industrial hubs are significant, their value lies first and foremost in their contribution as incubators of industrialization,...
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