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Capitalizing China
Fan, Joseph P. H. - 2011
Despite a vast accumulation of private capital, China is not embracing capitalism. Deceptively familiar capitalist features disguise the profoundly unfamiliar foundations of "market socialism with Chinese characteristics." The Chinese Communist Party (CCP), by controlling the career advancement...
Persistent link: https://www.econbiz.de/10013117212
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Learning the Wealth of Nations
Buera, Francisco J. - 2009
substantial reversal to state intervention if nowadays the world was hit by a shock of the size of the Great Depression …
Persistent link: https://www.econbiz.de/10012765566
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People'S Opium? Religion and Economic Attitudes
Guiso, Luigi; Sapienza, Paola; Zingales, Luigi - 2021
institutional factors. We use the World Values Surveys to identify the relationship between intensity of religious beliefs and …
Persistent link: https://www.econbiz.de/10013236680
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Welfare State vs. Market Forces in a Globalization Era
Razin, Assaf - 2019
trade and finance transactions with the rest of the world, governed by voter-majority-controlled welfare state. We analyze …
Persistent link: https://www.econbiz.de/10012863640
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From Centrally-Planned to Market Economies : The Road from Cpe to Pcpe
Calvo, Guillermo A. - 2010
This paper deals with the early stages of transformation of centrally-planned economies (CBEs) into market economies during which expectations playa key role. It focuses on the transitional phase during which the economy is not any more a CPE but has not yet become a market economy. During this...
Persistent link: https://www.econbiz.de/10013139423
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Risks in China's Financial System
Song, Zheng (Michael) - 2018
Motivated by growing concerns about the risks and instability of China's financial system, this article reviews several commonly perceived financial risks and discusses their roots in China's politico-economic institutions. We emphasize the need to evaluate these risks within China's unique...
Persistent link: https://www.econbiz.de/10012929553
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The Changing Role of Government in Financing Health Care : An International Perspective
Stabile, Mark - 2013
This paper explores the changing role of government involvement in health care financing policy outside the United States. It provides a review of the economics literature in this area to understand the implications of recent policy changes on efficiency, costs and quality. Our review reveals...
Persistent link: https://www.econbiz.de/10013075869
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The Limits of Financial Globalization
Stulz, René M. - 2005
Despite the dramatic reduction in explicit barriers to international investment activity over the last 60 years, the impact of financial globalization has been remarkably limited. I argue that country attributes are still critical to financial decision-making because of what I call the twin...
Persistent link: https://www.econbiz.de/10012784989
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Can't We All Be More Like Scandinavians? Asymmetric Growth and Institutions in an Interdependent World
Acemoglu, Daron - 2012
-style institutions? More generally, in an interdependent world, would we expect all countries to adopt the same institutions? To provide … theoretical answers to this question, we develop a simple model of economic growth in a world in which all countries benefit and … potentially contribute to advances in the world technology frontier. A greater gap of incomes between successful and unsuccessful …
Persistent link: https://www.econbiz.de/10013099537
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Why the Welfare State Looks Like a Free Lunch
Lindert, Peter H. - 2021
practiced by real-world welfare states. Second, better tests confirm that the usually imagined costs would be felt only if …
Persistent link: https://www.econbiz.de/10013310538