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In many respects, the specifically Chinese way of transition from the planned to the market economy contradicts … the Chinese transition followed a trajectory which maintained high levels of coordination efficiency, in particular with …
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was about other Asian countries in his book. However, China has achieved miraculous growth since the transition from a … poverty before 1978? How was it possible for China to achieve an extraordinary performance during its transition? Why did most … other transition economies failed to achieve a similar performance? What price did China pay for its success? Can China …
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The concepts of quot;social capitalquot; and quot;networksquot; gain increasing acceptance even in core branches of economics as growth theory and international trade. International organizations have begun to condition credit approval on the availability of social capital in lender communities....
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In many analyses of the Chinese so-called economic miracle, cultural factors loom large. This paper offers a brief overview of recent economic approaches to culture and puts these into an analytical framework that highlights the dynamic and creative aspects of culture. I argue that China is a...
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