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This would help me out with my homeworks. Thanks.
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Commented Jun 27, 2011 on Specialization or diversification at Dani Rodrik's weblog
Specialization or diversification
One of my favorite stylized facts about development is contained in the graph below, which comes from a paper by Imbs and Wacziarg. What it shows is that as countries grow out of poverty, their economies become less specialized and more diversified. This seems to be true both across countries, ...
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Jun 27, 2011
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