Why does capital formation often fail to occur in developing countries? This work explores the political incentives that either foster growth or steal nations\' growth prospects. It examines the frontier between risk and uncertainty, analyzing the forces driving development in both developed and...
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Why does capital formation often fail to occur in developing countries? This work explores the political incentives that either foster growth or steal nations\' growth prospects. It examines the frontier between risk and uncertainty, analyzing the forces driving development in both developed and undeveloped regions.
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