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Reconciling the two dominant development models of the Washington Consensus (WC) and Beijing Model (BM) remains a critical challenge in the literature. The challenge is even more demanding when emerging development paradigms like the Liberal Institutional Pluralism (LIP) and New Structural...
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This paper investigates how financial, trade, institutional and political liberalization policies have affected …: (1) with the exception of the economic freedom mechanism, liberalization policies have generally decreased the growth of … economic freedom channels, liberalization policies have been fruitful for semi-formal financial development at the cost of …
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