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Where did British Foreign Capital Go? Fundamentals, Failures and the Lucas Paradox: 1870-1913

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NBER2000-12-01 更新2025-01-04 收录
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A decade has passed since Robert Lucas asked why capital does not flow from rich to poor countries. Lucas used a contemporary example to illustrate his Paradox, the very modest flow of capital from the United States to India during the second great global capital market boom, after 1970. Had he paid

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2000-12-01
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