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Why did air conditioning catch on so quickly in Mexico?
Air conditioning adoption in Mexico has grown much faster than earlier forecasts, with nearly one million more units installed than predicted, largely due to falling electricity prices and rising energy efficiency that lowered the cost of cooling.
How rural pensions boosted China's economy
China’s New Rural Pension Scheme unexpectedly lowered the high cost of migration by freeing younger workers from household duties – boosting migration, wages, household welfare, and even national GDP.
How foreign direct investment shapes Africa’s role in global value chains
Greenfield investment plays a critical role in Africa’s integration into global value chains, with inward investment in manufacturing boosting forward participation, while outward African investment in services enhances overall participation.
