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In the strategic trade policy literature, the firms typically make positive profits at equilibrium policy levels. We show that this is not always true when firms from the developed (North) and developing (South) countries compete in the Northern market. In particular, the South firm may be...
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Globalisation is a highly controversial topic. Despite its potential for accelerating growth and reducing poverty (to …
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, pensioners are compared on their poverty rates and inequality. The redistribution paradox states that poverty will be the highest …) poverty rates are much higher than in the Netherlands (universal minimum pension). Poverty rates are higher for elderly women … inequality in income is higher for men than for women both in Belgium and in the Netherlands. In order to minimize poverty and …
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