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that China sells, rather than goods that China buys. I assess evidence from recent literature on these arguments and …
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, selective adaptation, and industrial upgrading. This paper attempts to distill lessons from China's reform and opening up … process, and investigate the underlying reasons behind China's success in trade expansion and economic growth. From its … beginnings with home-grown and second-best institutions, China has embarked on a long journey of reform, experimentation, and …
Persistent link: https://www.econbiz.de/10010520960
China has been the most successful developing country in this modern era of globalization. Since initiating economic … any, lessons they can take from China. This paper focuses on four features of modern China that have changed significantly … trade and direct investment. A third lesson is the development of high-quality infrastructure: China's good roads, reliable …
Persistent link: https://www.econbiz.de/10010521228
China has been the most rapidly growing economy in the world over the past 25 years. This growth has fueled a … inevitable as China introduced a market system, but inequality may have been exacerbated rather than mitigated by a number of …. The inability to sell or mortgage rural land has further reduced opportunities. China has a uniquely decentralized fiscal …
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The author applies a systems-oriented "holistic" approach to China's radical economic reforms during the past quarter … of a century. He characterizes China's economic reforms in terms of a multidimensional classification of economic systems …. When looking at the economic consequences of China's change of economic system, he deals with both the impressive growth …
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