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economy to analyze the macroeconomic implications of changes in income distribution. In the decades before the financial …
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The Chinese economy has undergone three major phases: the 1978-97 period marked as the SOE-led economy, the 1998 …-2015 phase as the investment-driven economy, and the new normal economy since 2016. All three economies have been shaped by the … one economy to another was driven mainly by regime changes in financial policies. …
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