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Poor Countries Denied Chance to Succeed?

A Harvard professor said developing countries were forced down an economic path in the 20th Century that lacked innovation, entrepreneurship and technology. As a result, he said, they had stunted development, while many other nations prospered.   Professor Calestous Juma tells the story of dueling economic theories. One based on new ideas and risk taking, and the other on pessimism and ignorance. It’s a story of the haves and have nots. Juma is professor of the Practice of...

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