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International Political Economy
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Pregunta:
Vicious Circle of Poverty: Supply Side:
Autor: Angelie BayabanRespuesta:
The underdeveloped countries, can resort to capital formation and accelerate the pace of economic development only by breaking the vicious circle of poverty. Once the vicious circle of poverty is broken, the economy would be on the rails to development. Now the question is how to break the vicious circle of poverty
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