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President Xi Jinping pronounced in April 2014 that China has entered a New Normal in economic growth, and the common … World Bank's projections in January 2016 that China's growth rate would drop to 6.7 percent in 2016 and then to 6.5 percent …. In this paper we (1) identify some of the major structural reforms that would entrench dynamism into China's economy, and …
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The reform to replace the Business Tax (BT) with the VAT is the largest tax reform initiative in China since 1994. This …'s distortionary characteristics while also taking on the flaws of China's traditional VAT. This renders both the prospects and …
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Russia and other countries in the commonwealth of independent states that have implemented voucher privatization programs have to account for the puzzling behavior of insiders manager-owners-who, in stripping assets from the firms they own, appear to be stealing from one pocket to fill the...
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The process of economic reforms launched in 1978, and gradually extended until current days, has catapulted China into … development of China's industrial policy, in particular, the establishment of Special Economic Zones (SEZ), a salient economic …
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