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N EW STRUCTURAL ECONOMICS A FRAMEWORK FOR RETHINKING DEVELOPMENT AND POLICY JUSTIN YIFU LIN B 382040 THE WORLD BANK Washington, D.C. CONTENTS Acknowledgments ...
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The new structural economics argues that the best way to upgrade a country's endowment structure is to develop its industries at any specific time according to the comparative advantages determined by its given endowment structure at that time. The economy will be most competitive, the economic...
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