Consider growth diagnostics. Constraint categories are the boxes from which no further arrows emanate. Can you think

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Consider growth diagnostics. Constraint categories are the boxes from which no further arrows emanate.

Can you think of a fundamental constraint not included in the ten end boxes? (That is, an important category qualitatively different enough to require its own branch on the decision tree?) If so, how would you treat it in the growth diagnostics framework?

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Economic Development

ISBN: 9781292291154

13th Edition

Authors: Michael Todaro, Stephen Smith

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