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A Gold Rush Theory of Economic Development
Judged by this index, trade reform performs very poorly: liberalization typically leads to five dollars of income being reshuffled within the economy for every dollar of net efficiency gain. However, when the liberalization is undertaken at a point of deep macroeconomic crisis and in conjunction with stabilization policies, the value of the PCBR index falls dramatically.
The Rush to Development: Economic Change and Political Struggle in South Korea
This explains why trade reform is politically so difficult in normal times, and why times of crisis provide an opportune moment for undertaking structural reforms. The paper concludes by evaluating the sustainability of the reforms of the s. Published: S. Haggard and S.
Design Rush: Vega IT in top 12 Salesforce Commerce Cloud Development companies | Vega IT
Webb eds. Why Now?
- War, justice and public order: England and France in the later Middle Ages.
- Dillon Rush.
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Will it Last? Development of the American Economy. Economic Fluctuations and Growth.