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This book provides a historical overview of Chinese economic reform over the past 30 years. From the genesis of the reform to the gradual improvement of the market system, and then to the re-start of the critical stage of the reform, this book includes not only research on the reform process,...
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macroeconomic outcomes in India. We estimate a DSGE model with an informal sector, and rigidities in the formal labor and product … markets. Along with increasing GDP and employment, deregulation also leads to lower informality and greater product market …
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