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Industrialization supported by industrial hubs has been widely associated with structural transformation and catch-up. But while the direct economic benefits of industrial hubs are significant, their value lies first and foremost in their contribution as incubators of industrialization,...
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China's government economic stimulus package in 2008-09 appears to have worked well. It seems to have been about the … built into subnational fiscal mechanisms in federal countries. Moreover, China's massive fiscal stimulus played an important … particular relevance today for China, as well as other countries, in formulating policy response to another global economic …
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