As they grow, countries need better transportation, energy, and communications networks. But how should a country go about prioritizing these investments? Are there synergies from
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Author: GECMagz
Zombie firms are poorly performing firms that are unable to service their debt obligations over a prolonged period. They have a marginal return on capital
One of the most enduring puzzles in economics is the vast disparity in wealth and prosperity between regions of the world. Following the beginnings of
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The extent to which geographic distance is a barrier to technological knowledge transfer is of interest to governments of countries distant from centres of knowledge
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In September 1433, Cosimo de’ Medici, the founder of the Medici dynasty, was summoned to appear before the Signoria, the government of Florence, to be
It is well understood that real estate lending booms can cause financial crises and weak recoveries (Schularick et al. 2014). Raising house prices that go