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As Asia has made remarkable progress in economic development and poverty reduction, the global balance of economic power, in which the United States, Japan and Europe have acted as the three major forces, is changing drastically. In light of the new development, this paper discusses what kind of...
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In recent decades, the world has faced an increasing number of natural and man-made disasters. Such disasters include … tsunamis, earthquakes, the current ongoing financial crisis, terrorism, riots, and wars. These disasters generate tremendous … various natural and man-made disasters quantitatively. We carefully construct cross-country panel data of 189 countries within …
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