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Reconciling the two dominant development models of the Washington Consensus (WC) and Beijing Model (BM) remains a critical challenge in the literature. The challenge is even more demanding when emerging development paradigms like the Liberal Institutional Pluralism (LIP) and New Structural...
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The “Beijing Consensus” (BC) as a concept has been utilised to distinguish China's economic development experience from the “Washington Consensus” (WC), the policy toolkit offered to developing countries by Washington-based international organisations. This paper posits that recent...
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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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