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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 … in recent decades. The pitfalls of the current ``soft'' rebalancing policy in China are analyzed in the context of this …
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Preface -- Acknowledgements -- Acronyms and abbreviations -- Structural transformation in developing countries -- Employment -- Productivity growth -- Urbanization -- Industrialization -- Poverty -- Role of the state and policy -- Index
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