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Poverty Reduction and Beyond: Development Strategies for by Takashi Shiraishi, Tatsufumi Yamagata, Shahid Yusuf

By Takashi Shiraishi, Tatsufumi Yamagata, Shahid Yusuf

This publication highlights thoughts for poverty relief in constructing countries, with emphasis on the facility of the industry mechanism and vigour of the personal quarter, focusing ODA on a couple of long term demanding situations and leveraging advances in expertise to the fullest, and underlining the significance of human rights and safety.

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Extra info for Poverty Reduction and Beyond: Development Strategies for Low-Income Countries (Ide-Jetro Series)

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Other than through economic freedom). 2 uses a standard instrument often used for institutional measures: distance from the equator. This is presumed to have some historical significance in the pattern of dissemination of capitalist institutions from their place of origin in temperate Europe, and carried to other temperate zones by settlers. , 2002, Rodrik, Subramanian, and Trebbi 2004, Easterly and Levine 2003), so this would argue that latitude meets the excludability restriction. Latitude is a very good predictor of economic freedom – the F-statistics for the first stage regression are far above the usual thresholds, indicating there is no weak instrument problem.

32 Ray Kroc was a salesman in the 1950s peddling something called the “Multi-Mixer” that mixed six milkshakes at a time. He tried to convince restaurants to adapt procedures more akin to assembly line methods of food preparation so as to increase the demand for his product. 33 3M today is a US$20 billion corporation. It started in 1904 with a failed attempt to mine corundum (3M stands for Minnesota Mining and Manufacturing). 3M adapted to the failure by using the grit from its failed mine to make sandpaper.

35 Bill Gates originally had started a company called Traf-O-Data to sell computer hardware. When he saw his first minicomputer and wrote some BASIC code for it, he was the first to see that a software cookiecutter could thrive in a world where computers were continually getting faster and smaller. 36 Of course, one reason that some large firms are so large is that they have been able to make the execution of a successful business innovation into a routine, so that it can be replicated at low cost by inexpensive (not heavily trained) workers subject to managerial oversight.

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