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This paper attempts to explain why growth rates and why growth levels differ so much among the 17 economies in East Asia. The EGOIN theory, the Triple C Theory and the S Curve Theory are used in the explanation. The three hypotheses in the three cognate theories are also tested for their general...
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Todays' American mercantile pressure on China to appreciate the renminbi against the dollar is eerily similar to the …, but downward pressure on Chinese interest rates from foreign exchange risk could lead China into a zero interest rate …
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