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I document a significant deindustrialization trend in recent decades, that goes considerably beyond the advanced, post … deindustrialization has potentially significant economic and political ramifications, including lower economic growth and democratic …
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China is currently experiencing a structural change toward tertiarization and an implied growth slowdown associated with it. The paper investigates whether this growth slowdown is merely cyclical or a negative trend, and further what China is doing or should do to avoid falling into a...
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