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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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: Finance, Taxation and Government Behavior -- Chapter 3: Government Investment, Financing and Debt -- Chapter 4: Government and … the largest industrial investment funds owned by local governments in China. …
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also opened to foreign trade and foreign direct investment, transforming itself from a virtually completely closed economy … into a major trading nation and the largest developing country destination for foreign direct investment in the world …
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