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fifth feature in China's economic reform. If monetization is taken to mean a process through which variations in money … evidence of such a process in China between the late 1970s and early 1990s …
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Monetization has been argued as the fifth feature in China's economic reform in addition to privatization … China. By constructing four causality relationships between interest rate and savings, money and inflation, interest rate … and a restoration in the functions of money since the late 1970s in China …
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