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This essay tries to synthesize a recent discussion on circular economics, aiming to clarify the concept, its relationship with the notion of "decoupling", and how technology, business, and economic policy influence it. In essence, circular economy means turning waste into something valuable. The...
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To better understand the dynamics of the Chinese economy and its interaction with the global economy, the authors incorporate China into an existing model for the G-3 economies (i.e., the United States, the euro area, and Japan), paying particular attention to modelling the exchange rate and...
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