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Economics
Economics

... In addition, many products are now made throughout the world Just as national economies work because of institutions, so does the global economy. In addition to the institutional rules of each country that companies must obey, there are also the rules laid out by the World Bank, International Moneta ...
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... In contrast, the relevant theoretical literature identifies various explicit channels through which international trade influences economic growth. Specifically, there exist a number of papers that emphasize how the ability to produce and export goods with higher skill content supports long-run econ ...
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... • Regional economic integration via regional trade agreement (RTA) is not so much about reducing tariff. Attention has shitted to: o Trade facilitation and non-tariff measures are big elephants in the room o Opening up services is not only opening up to FDI but also reforming regulations • Recent RT ...
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... This will bring us true, objective knowledge of the same type as that found in the natural sciences. This will provide the basis for solving social problems and achieving process. Reality is patterned and we can observe these factual patterns. ‘Real laws are desirable’ – will explain these patterns. ...
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Development theory

Development theory is a conglomeration or a collective vision of theories about how desirable change in society is best achieved. Such theories draw on a variety of social science disciplines and approaches. In this article, multiple theories are discussed, as are recent developments with regard to these theories.
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