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, China and India. It begins with a clarification of the meaning of industrial policy, since not only does the term mean … past experience with variants of industrial policies. The similarities of the "China model" to past East Asian experience …
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given to the re-emergence of the Asian giants, the People's Republic of China (PRC) and India. Both countries have attained …
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Purpose The purpose of this paper is based on China's economic fundamentals. Factor input, structural optimization and … institutional reform, which determine the fundamentals of China's economic development, will actively prop up long-term, sustained … and stable growth of the Chinese economy and keep China's potential economic growth rate stabilized within a reasonable …
Persistent link: https://www.econbiz.de/10012421337
Myrdal did not cover China in his Asian Drama. If he did, he would have been most likely pessimistic about China, as he … was about other Asian countries in his book. However, China has achieved miraculous growth since the transition from a … planned economy to a market economy at the end of 1978. This paper provides answers to the questions: Why was China trapped in …
Persistent link: https://www.econbiz.de/10011894344
transitions of economic structure in China. In the author's view, structural transformations are closely related to China … transformations in China's economy over the last 40 years. The author believes that China's economic miracle is accompanied by …
Persistent link: https://www.econbiz.de/10012318820
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When Vietnam started the Doi Moi (renovation) in the mid-1980s it was a backward agricultural country. Liberalising markets, allowing the establishment of private firms, integrating in the world economy and high FDI inflows stimulated growth and productivity development. However, this first face...
Persistent link: https://www.econbiz.de/10011569760
Africa has come a long way since the economic turmoil of the 1980s, the decade of "structural adjustment". Growth has been strong, yet poverty remains high. Underlying the shortage of good livelihoods and high social inequality is the lack of diversification in Africa's economies-in contrast to...
Persistent link: https://www.econbiz.de/10011396968