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Some questions have been present since the very first days of development economics but have gained increased attention in recent years: Has economic growth resulted in gains in standards of living and reductions in poverty via improved labor market conditions? How do the rate and character of...
– Four lessons for Africa
Industrial policy has finally moved away from the arid debate on ‘picking winners’ versus ‘levelling the playing field’. Today, there is growing understanding that the market imperfections on which the theoretical arguments for industrial policy rest are pervasive, especially in low-income countries...
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