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Download full textUhalde, Ray; Strohl, Jeff – National Center on Education and the Economy (NJ1), 2006
In this paper the authors identified the size of America's home market as a crucial component of its historical comparative advantage. The authors showed that over the last four decades nearly 60 percent of per capita U.S. growth has been dependent upon growth in the domestic consumption. Thus, a comprehensive demand side strategy also must target…
Descriptors: Global Approach, Job Skills, Labor Market, Economic Development
