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In the context of the Hausmann-Rodrik-Velasco Growth Diagnostics Framework, explain the roles that government failure and market failure can play regarding the basic problem that
In the context of the Hausmann-Rodrik-Velasco Growth Diagnostics Framework, explain the roles that government failure and market failure can play regarding the basic problem that is trying to be solved (Do not worry about providing solutons to these sub-problems. Just explain the role of government failure and market failure in the basic problem)? (6 marks)
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Microeconomics Theory and Applications
Authors: Edgar K. Browning, Mark A. Zupan
12th edition
9781118920060, 1118758870, 1118920066, 978-1118758878
