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Can extending social welfare expenditures promote economic growth? This issue has been discussed extensively, with some research pointing to net benefits while others find a net negative impact. Insight can be gained by careful analysis of several sub-questions. For example, for two countries...
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"The world made significant progress on reducing poverty between 1981 and 2001 — the number of people in developing …'s population. In fact, however, nearly all this progress reflects gains made in reducing poverty in China and India, two of the … world's fastest-growing economies. The rapid economic growth and enormous poverty reduction achieved by China, and to a …
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