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Policy Brief
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External development finance consists of those foreign sources of funds that promote or at least have the potential to promote development in the destination countries if delivered in the appropriate form. This rather broad definition qualifies all forms of external finance, and the quality and...
– 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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