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The main purpose of this book is to explain Mexico's substandard economic activity by applying the foundational factors approach primarily to Mexico and, for purposes of comparison, secondarily to the United States. The argument is that, unlike the United States, Mexico has been shaped by an...
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The purpose of this paper is to develop a testable theory, the interaction thesis, capable of explaining why do we observe differences in economic stability and growth rates between various countries; or - the same thing - why less efficient countries do not duplicate economic policies of more...
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