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East Timor: An Alternative Reading of the Human Development Report

Following the launch of the United Nations “Human Development Report 2011 – Timor Leste” [pdf], the portuguese economist Almeida Serra, from the blog É a economia, estúpido! (It's the economy, stupid!) [pt], makes an alternative analysis. Serra claims that a significative share of the oil revenues have no impact in timorese citizens income.

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