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Trade, employment and growth in Peru since World War II (Английский)

During the post World War II years, Peru's per capita income growth rates went down from around 3 percent during the 1960s and 1970s to 0.5 percent between 1970 and 1981. Since then, the average per-capita income growth has been negative. Understanding and explaining economic development is a complex task. The emphasis in this paper is to show evidence in favor of the hypothesis which argues that the astonishing slowdown of Peru's growth process is...
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