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European Economic Perspectives 5 

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December 1994

IN THIS ISSUE...

Other Things Being Equal…
The traditional explanation of East Asian growth attaches too much importance to export orientation.

Why do Growth Rates Differ?
Government can make a difference – for better or worse – to long-run growth.

Home Sweet Home
The relationship between income and migration is complex, with surprising implications for policy.

Bleak Haus
Germany faces a painful trade-off between wage convergence and employment in the eastern länder


 

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