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Doing business in Russia involves risks because the country has shown signs of shifting back toward greater state involvement in economic activity and authoritarian government.
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Evidence suggests that technological change has had a bigger impact than globalization on the declining share of national income enjoyed by labor.
GNI allows a more direct comparison of living standards in different countries.
In Sen's view, development is an economic process that should be assessed by material output measures such as GNI per capita.
Life expectancy at birth is one of the measures used by the Human Development Index (HDI) to measure the quality of human life in different nations.
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