An Analysis of Robert E. Lucas Jr.'s: Why Doesn't Capital Flow from Rich to Poor Countries?
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An Analysis of Robert E. Lucas Jr.’s: Why Doesn’t Capital Flow from Rich to Poor Countries?

SKU: 9781912128433

₹767.00

Unravel the enigmatic “Lucas paradox” and understand why capital doesn’t flow from rich to poor nations as economic theory predicts. This insightful analysis delves into Robert Lucas Jr.’s seminal paper, dissecting his groundbreaking hypotheses on this critical economic puzzle. Essential for students of macroeconomics, finance professionals, and anyone keen on global economic development and investment trends in emerging markets. Explore the reasoning behind diminishing returns and discover how sophisticated arguments explain seemingly contradictory capital movements, offering a deeper grasp of international finance.

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