LEADER 00000nim a22005415a 4500 003 MWT 005 20220329013920.0 006 m o h 007 sz zunnnnnuned 007 cr nnannnuuuua 008 210326s2016 xxunnn es i n eng d 020 9781912283026 (sound recording : hoopla Audio Book) 020 1912283026 (sound recording : hoopla Audio Book) 029 https://d2snwnmzyr8jue.cloudfront.net/ dra_9781912283026_180.jpeg 028 42 MWT13752577 037 13752577|bMidwest Tape, LLC|nhttp://www.midwesttapes.com 040 Midwest|erda 082 04 332.67/3|223 099 eAudiobook hoopla 099 eAudiobook hoopla 100 1 BELTON, PADRAIG. 245 13 An analysis of Robert E. Lucas Jr.'s Why doesn't capital flow from rich to poor countries?|h[Hoopla electronic resource] /|cPádraig Belton. 246 30 Robert E. Lucas Jr.'s Why doesn't capital flow from rich to poor countries? 246 30 Why doesn't capital flow from rich to poor countries? 250 Unabridged. 264 1 [United States] :|bMacat,|c2016. 264 2 |bMade available through hoopla 300 1 online resource (1 audio file (120 min.)) :|bdigital. 336 spoken word|bspw|2rdacontent 337 computer|bc|2rdamedia 338 online resource|bcr|2rdacarrier 344 digital|hdigital recording|2rda 347 data file|2rda 490 1 Macat Library ; 506 Digital content provided by hoopla. 511 1 Read by Macat.com. 520 Because the potential returns appear to be greater in poorer countries than in the developed world, modern economic theory implies that rich countries should continually invest in poor countries until returns balance out. In fact, this doesn't happen. Economist Robert E. Lucas Jr. asks why in his groundbreaking 1990 article, "Why Doesn't Capital Flow from Rich to Poor Countries?" The question has become known as the Lucas paradox. Lucas analyzes this, focusing especially on the role of human capital-the skill and experience that people bring to their work. Lucas, a professor at the University of Chicago, won the Nobel Prize in Economics in 1995 for unrelated research nearly two decades earlier. But the Lucas paradox may be his lasting legacy, important not just to economists, but to anyone interested in understanding how economic development works in poorer countries. 538 Mode of access: World Wide Web. 600 10 Lucas, Robert E.,|cJr.|tWhy doesn't capital flow from rich to poor countries|xCriticism and interpretation. 650 0 Investments, Foreign|zDeveloping countries. 650 0 Capital market|zDeveloping countries. 650 0 Finance|zDeveloping countries. 700 1 Macat.Com, . 710 2 hoopla digital. 800 1 Pádraig, Belton.|tMacat Library.|sSpoken word ; 830 0 Macat library. 856 40 |uhttps://www.hoopladigital.com/title/ 13744632?utm_source=MARC|zInstantly available on hoopla. 856 42 |zCover image|uhttps://d2snwnmzyr8jue.cloudfront.net/ dra_9781912283026_180.jpeg