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Rich and poor Quote by Daron Acemoğlu

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““The geography hypothesis claims that the great divide between rich and poor countries is created by geographical differences. Many poor countries, such as those of Africa, Central America, and South Asia are between the tropic of Cancer and Capricorn. Rich nations in cntrast tend to be in temperate latitudes. This geographic concentration of poverty and prosperity gives superficial appeal to the geography hypothesis.””

Daron Acemoğlu

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