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"For many countries, primarily in the Global South, extractivism - the exploiting and exporting of natural resources - is big business. For those exporting countries, natural resource rents create hope and promise for development which can be a seductive force. This book explores the depth of...
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aggregate investment in six Latin American economies. Its main contributions are that it explicitly tests for linear as well as … rate uncertainty affect aggregate investment negatively in all countries in the sample. -- exchange rate uncertainty … ; GARCH ; investment ; threshold effects ; GMM …
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