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An Analysis Of Robert E. Lucas Jr.'S Why Doesn'T Capital Flow From Rich To Poor Countries?

Why Doesn'T Capital Flow From Rich To Poor Countries?

by Padraig Belton
language: english
Publisher: Macat International Limited, July of 2017 ‧
27,03€
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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. But this doesn’t happen â€" and economist Robert E. Lucas Jr. asked why in his ground-breaking 1990 article on what has become known as the Lucas paradox.

An Analysis Of Robert E. Lucas Jr.'S Why Doesn'T Capital Flow From Rich To Poor Countries?

Why Doesn'T Capital Flow From Rich To Poor Countries?

by Padraig Belton

Property Description
ISBN: 9781912302277
Publisher: Macat International Limited
Release Date: July of 2017
Language: English
Cover: Hardcover
Pages: 112
Format: Book
Collection: The Macat Library
Categories: Books in English > Fiction > History of Literature
Books in English > Others
EAN: 9781912302277