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The desirability of WTO membership for China depends on whether its economic successes have been the result of its … discovery of new institutional forms (e.g. dual track pricing, SOE contracts, and fiscal contracts) that are optimal for China … advanced member of WTO. If the experimentalist interpretation of China's phenomenal growth is correct, then WTO membership is a …
Persistent link: https://www.econbiz.de/10014131390
Two schools of thought have emerged to interpret China's rapid growth. The experimentalist school attributes the … school holds that China's successes comes from its institutions being allowed to converge with those of non …-socialist economies, and that China's economic structure at the start of reforms is a major explanation for the rapid growth. China …
Persistent link: https://www.econbiz.de/10014072816
caught in it. The CUI shows that China became a middle-income country in 2007-2008. We see five major types of middle …-income trap that China is vulnerable to (a) fiscal stress from the nonperforming loans generated by the interaction between the … governance principles and management methods to prevent China from falling into these five types of middle-income trap …
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, China and India) and three Southeast Asian neighbors (Malaysia, Philippines, and Thailand). Indonesia’s post-1965 economic …
Persistent link: https://www.econbiz.de/10014045823
The desirability of WTO membership for China depends on whether its economic successes have been the result of its … discovery of new institutional forms (e.g. dual track pricing, SOE contracts, and fiscal contracts) that are optimal for China … advanced member of WTO. If the experimentalist interpretation of China''s phenomenal growth is correct, then WTO membership is …
Persistent link: https://www.econbiz.de/10010318608
Financial Crisis, and China increased the growth rate of base money slightly. The resulting credit growth was very slight in US … and UK but over 100% in China. The US and UK money multipliers collapsed because the required capital adequacy ratio (CAR … it; and equals the reciprocal of the required reserve ratio when CAR is not binding. To improve China's economic …
Persistent link: https://www.econbiz.de/10013143005
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