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The fundamental, underlying factors of development are often neglected when analyzing the question why countries experience a growth slowdown at the middle-income range. Although these so-called `deep determinants' such as geography and institutions have been found to be decisive for the break...
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"Japanese Industrial History: Technology, Urbanization, and Economic Growth" provides a detailed examination of the … industrial development of the country since the Meiji Restoration and shows the extent to which Japan's own urbanization played a … crucial role in its overall economic development. Indeed, the role of urbanization was shaped by powerful technological …
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