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An Analysis of Robert E. Lucas Jr.'s Why Doesn't Capital Flow from Rich to Poor Countries? - The Macat Library Padraig Belton 1.º edición
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An Analysis of Robert E. Lucas Jr.'s Why Doesn't Capital Flow from Rich to Poor Countries? - The Macat Library
Padraig Belton
Because the potential returns appear to be greater in poorer countries than in the developed world, modern economic theory implies that rich countries should continually invest in poor countries until returns balance out. But this doesn’t happen – and economist Robert E. Lucas Jr. asked why in his ground-breaking 1990 article on what has become known as the Lucas paradox.
106 pages
| Medios de comunicación | Libros Paperback Book (Libro con tapa blanda y lomo encolado) |
| Publicado | 5 de julio de 2017 |
| ISBN13 | 9781912128433 |
| Editores | Macat International Limited |
| Páginas | 112 |
| Dimensiones | 138 × 200 × 7 mm · 126 g |
| Lengua | Inglés |
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