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An Analysis of Robert E. Lucas Jr.'s Why Doesn't Capital Flow from Rich to Poor Countries?

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Because the potential returns appear to be greater in poorer countries than in the developed world, modern economic theory implies that rich countries should continually invest in poor countries until returns balance out.

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  • Sprog:
  • Engelsk
  • ISBN:
  • 9781912302277
  • Indbinding:
  • Hardback
  • Sideantal:
  • 112
  • Udgivet:
  • 15. juli 2017
  • Størrelse:
  • 129x198x0 mm.
  • Vægt:
  • 450 g.
  • 2-4 uger.
  • 17. december 2024
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Because the potential returns appear to be greater in poorer countries than in the developed world, modern economic theory implies that rich countries should continually invest in poor countries until returns balance out.

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