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Chapter 1763 - 785: The Future Direction
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... tion penetration rate is acceptable, but the quality of higher education is patchy, with significant loss of top talent (flowing to the United States before the war, now to Europe/Canada). Research institutions are underfunded and disconnected from industry.
Finance: The currency (New Pesos) has established preliminary credit, but exchange rate fluctuations are greatly affected by international politics. Foreign exchange reserves are tight. The tax system is inefficient, and shadow econo ...
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