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Published in:
1994 | OriginalPaper | Chapter
Development and Standard of Living
Author : Alexandre Rands Barros
Published in: Market Forces and World Development
Publisher: Palgrave Macmillan UK
Included in: Professional Book Archive
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An enormous effort is made in economic theory to understand the process of economic development. The dramatic disparities in standards of living among nations is a major concern for researchers, while the fact that such disparities have not tended to decrease is an even more disturbing problem, which economists struggle to understand.