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China eventually becomes the world's saver and, thereby, the developed world's savoir with respect to its long-run supply of capital and long-run general equilibrium prospects. And, rather than seeing the real wage per unit of human capital fall, the West and Japan see it rise by one fifth by...
Persistent link: https://www.econbiz.de/10012467008
ICT-intensive industries producing market services and computer hardware. In contrast the EU-10 experienced a 1995 … shortfalls in specific industries including ICT production, finance-insurance, retail-wholesale, and agriculture. After 2005 both …
Persistent link: https://www.econbiz.de/10012481620