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Third World Network
Third World Network

... b. There are multiple, conflicting, complicated services classification systems which was one of the causes for the U.S. mistake in the Antigua gambling case. c. Services are notoriously difficult to measure. Even developed countries and the United Nations Conference on Trade and Development have ha ...
The Economic Crisis from a Neoclassical Perspective
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... allocated to another country as this complicates the storage of time-series data. If it is necessary to move a country from one minor group to another, it will be given the next available code of the minor group to which it is moved. Its previous code will not be re-allocated. ...
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... Now that we learned how to decompose the di¤erences in income across countries into differences in capital per worker and other sources, we would like to investigate why there are di¤erences in capital per worker. The Solow model o¤ers a simple mechanism in which people save a constant fraction of t ...
Policy Plus: African Growth Performance 1960-2000
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... the Emerging Africa project (Berthelemy and Soderling (2001, 2002)), both of which provide sustained treatments of country-level growth experience that are deeply informed by the cross-country literature. ...
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... that market access may give rise to agglomeration benefits, leading to higher income levels (see for instance Paul Krugman and Anthony Venables (1995) for theory and Mary Amiti and Lisa Cameron (2004) for empirical confirmation). Empirical studies of the effect of trade on growth are usually either ...
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... productivity effects, to almost US$23 billion with productivity effects. The impact is higher for the countries of Sub-Saharan Africa (excluding South Africa) (3.1% with no productivity effect and 3.4% with productivity effect). The impact on trade shows an increase of net trade or trade balance (= ...
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... he began a new direction in political thought by giving to the world what we called realism. We know him “The First Political Realist”. Kautilya influenced later social changes in India. Kautilya‟s Arthāŝastra was a science of politics intended to teach Chandragupta Maurya how to govern. In this wor ...
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... works in the opposite way. This last effect is larger the more consumers value the environment. As well, emissions intensity of aggregate output is larger in the decentralized economy than in the optimal solution, as expected. We identify the first-best regulatory instruments and show how relevant en ...
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research paper series Research Paper 2006/10

... being a bilateral prediction, it accommodates an empirical inquiry for any subset of trading countries for which high quality data is available. Second, it requires no assumptions about consumer preferences. Third, as it is a multi-cone model, the framework dispenses with the empirically embarrassin ...
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... policy is needed to induce investment levels that can achieve sustainable balanced growth. We then examine the impact of the emissions tax on sustainable balanced growth rate. This comparison sheds light on the role of regulation and the design of environmental policy for achieving both environmenta ...
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... up in complex processes of social and political intermediation involving values, identities, and social bonds, all located in particular time/space contexts” (Cerny 1999, 189). Whereas governance can be defined simply as organizing collective action, or in the instrumental sense it entails the estab ...
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Development economics



Development economics is a branch of economics which deals with economic aspects of the development process in low-income countries. Its focus is not only on methods of promoting economic development, economic growth and structural change but also on improving the potential for the mass of the population, for example, through health and education and workplace conditions, whether through public or private channels.Development economics involves the creation of theories and methods that aid in the determination of policies and practices and can be implemented at either the domestic or international level. This may involve restructuring market incentives or using mathematical methods such as inter-temporal optimization for project analysis, or it may involve a mixture of quantitative and qualitative methods.Unlike in many other fields of economics, approaches in development economics may incorporate social and political factors to devise particular plans. Also unlike many other fields of economics, there is no consensus on what students should know. Different approaches may consider the factors that contribute to economic convergence or non-convergence across households, regions, and countries.
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