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to take measures, such as buying surplus rice or releasing government stocks, if rice prices fall or rise sharply. This marks the third time that the Assembly passed the grain bill. Yoon has vetoed two similar bills in the past and both...

flows from the left. Later, from the right comes water stained by its clay bed. The three may remain for a space, sharply divided. But at last, inevitably no trace of separation remains. They are so commingled that all distinction is...

or in organizing economic activity. We apply the same ideas to explain why Costa Rica and Guatemala diverged sharply in the face of nineteenth-century economic globalization, and why the Soviet Union’s collapse led to a diverse set of...

yard”, as if that were somehow better. China Making Moves A better illustration of the two rival superpowers’ sharply contrasting approaches in Latin America was on display last week at the opening of Peru’s Chancay megaport, at which...