The new structural economics argues that the best way to upgrade a country's endowment structure is to develop its industries at any specific time according to the comparative advantages determined by its given endowment structure at that time. The economy will be most competitive, the economic surplus will be the largest, and the capital accumulation and the upgrading of factor endowment structure will be the fastest possible. The 'New Structural...
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2012/01/06
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Publicação
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66393
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1
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1
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2012/01/12
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Disclosed
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New structural economics : a framework for rethinking development and policy
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comparative advantage
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