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Regulatory reform efforts in a broad range of industries have resulted in increased importance of competitive forces as a means to allocate resources and improve economic efficiency. A number of indicators suggest that such forces have been stronger in the United States than in most other OECD...
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This paper investigates whether aggregate Foreign Direct Investment (FDI), cross-border Mergers and Acquisitions (M … reverse is not true. The estimation of the growth equation leads us to conclude that FDI through greenfield investments exerts …
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Weak productivity in Egypt is rooted in deep-seated structural causes that impede market competition and prevent a more efficient resource allocation. This implies a number of challenges for economic policy to meet the objectives for long-term sustainable growth as set out in the National...
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