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increases wage inequality but leads to greater production in developing countries. I study a Brazilian innovation program that … taxed the leasing of international technology to subsidize national innovation. I show that the program led firms to replace …
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With recent changes in the global economy, policy makers are increasingly turning from global value chains to regional and national value chains as drivers of structural transformation in the global South. This paper examines economic and social upgrading in the Tanzanian textile and apparel...
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Most of the time the budget constraints in the socialist economies were harder than in developing countries and no less hard than in developed countries. The soft budget constraints (SBC) in socialist economies were not pervasive, as most authors believe, but selective, i.e. involved...
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