Development | Magazine Articles | VOL. 14, ISSUE 85, July-August 2014 |

Regional Imbalance: History and Beyond

They say three things are important in business – location, location, and location. This is true for development also, as across the globe it has come to be dependent on business, mostly private, since the late eighties. To be fair, this is not new in the history of the world; both colonial Asia and the new world rose because of their locational advantages and fell as that lamp went out slowly but surely. Between the Second World War (1939) and...

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