Missed Opportunities Innovation and Resource-Based Growth

作者: William F. Maloney

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摘要: The 20 century offered opportunities for rapid natural resource-based growth that Latin America systematically missed. Even if it were the case resource abundant countries have experienced relatively slow growth, more interesting question is why some -Australia, and Sweden example -successfully rapidly developed while others did not. America’s underperformance, its particularly virulent strain of dependency, are in substantial measure due to impediments technological adoption innovation arising from weak national “learning” capacity, perverse incentives protectionist era.

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