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

By: Padraig Belton (Author)

2 in stock

Ksh 1,400.00

Format: Paperback or Softback

ISBN-13: 9781912128433

Publisher: Macat International Limited

Publication Date: Jul 5th, 2017

Weight: 126 grams

Dimension: 20.00 x 13.80 x 0.70 cms

Category: Literary theory

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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 - and economist Robert E. Lucas Jr. asked why in his ground-breaking 1990 article on what has become known as the Lucas paradox.

Get An Analysis of Robert E. Lucas Jr.'s Why Doesn't Capital Flow from Rich to Poor Countries? by Padraig Belton at the best price and quality guranteed only at Werezi Africa largest book ecommerce store. The book was published by Macat International Limited and it has pages. Enjoy Shopping Best Offers & Deals on books Online from Werezi - Receive at your doorstep - Fast Delivery - Secure mode of Payment

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