Direct Investment, Rising Real Wages and the Absorption of Excess Labor in the Periphery
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This paper sets out the political economy behind Asian governments' participation in a revived Bretton Woods System. The overriding problem for these governments is to rapidly integrate a large pool of underemployed labor into the industrial sector. The principal constraints are inefficient domestic
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美国国家经济研究局创建时间：
2004-07-01
