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Reform and Development in China: What Can China Offer the Developing World (Routledge Studies in Development Economics)

Ho-Mou Wu, Yang Yao




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 | #3703689 in eBooks |  2010-09-13 |  2010-09-13 | File type: PDF

||About the Author||Yang Yao and Hu-Mou Wu are Professors of Economics at the China Centre for Economic Research at the University of Peking in Beijing, China.

Between 1978 and 2006, GDP growth in China maintained an annual average rate of 9.7%, meaning the Chinese economy increased by more than twelve times. This was achieved with quite unorthodox approaches to reform and development as China has adopted a gradualist approach to adopting key institutions, as well as modifying and experimenting with traditional recipes for economic growth.


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