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The distorted economy
Welfare economics
Developing countries, economic conditions
Developing countries
Economic development
Economic conditions
"An economy does not always work according to idealized textbook models. Economic systems are frequently subject to wide-ranging distortions and require remedies via subsidy and taxes to restore their social optimum. In The Distorted Economy, Hans C. Blomqvist and Mats Lundahl describe how to tackl…
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