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For the past 40 years, the most dynamic economies in the world were China and India. From approx. 5% of US GDP level, China grows to 26% and India to 11% of current US levels. The ratio of foreign trade to GDP is similar for both countries as well as capital flows to GDP. So why did China...
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The economic/ecological double crisis has long since reached China. In order to stabilise the growing economy, access to new markets and resources is indispensable. At the same time, the associated environmental damage is steadily increasing, causing public pressure on the government in Beijing....
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The economic and financial crisis has generated a significant amount of adverse effects in all European economies, although with substantial differences by countries. For Spain the effects have been severe. From the last third of the last century until the middle of 2008 the economy experienced...
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