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Structural change is a vital element of successful development. Between 1985 and 2015, however, falling barriers to trade and transfer of technology shifted sectoral structures in different directions in different countries by intensifying endowment-related specialization. In skill-abundant...
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The falling cost of international business travel and communication motivates highly-skilled workers who live in developed countries to spend more of their time co-operating with less-skilled workers in developing countries. This tends to narrow the gap between developed and developing countries...
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Summary The Collier-Dollar approach to aid allocation among countries has been less than fully embraced by donors--even those focused on poverty reduction--partly because it conflicts with the approach to aid allocation implied by the Millennium Development Goals. These two approaches are shown...
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Most aspects of the argument of the UK government's 2000 White Paper on globalization and development stand up reasonably well to the findings of subsequent research. But there is significant new evidence in two areas: the size of the contribution of institutions to growth; and the complexity of...
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