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A dragon on steroids -- "Don't worry, be happy" -- Genesis of a new system -- Let there be savings! -- Power begets power -- In a Confucian America -- The dragon's fey friend -- A few good Confucians -- Globalism or democracy?
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This paper tests the hypothesis that the links and leadership/dependency relationships between the People's Republic of China (PRC), the United States (US), and the other large Asian economies have changed over the past 20 years with the industrialization of the PRC economy. We use time-varying...
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