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Discuss the following in relation to China's market reforms:
(1) the political and economic factors on the basis of which China decided to undertake market reforms;
(2) how China's approach to market transition differs from the approach followed by the ex-Soviet economies;
(3) to what degree China's peculiar strategy can be considered critical for the success of China's rapid growth;
(4) the implications of this for other developing countries seeking to follow the same path.
Is industrialisation significant in the process of development? Industrialisation is considered as a major driver of LDC development. Industrialisation arises while a predomin
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What is the Third World? Third World: Developing countries are sometimes termed as collectively like the Third World. Such term can cause offence within developing nation
Ask question #Minimum 100 #words accepted
What is meant by the term the triple constraint? What are the three elements of the triple constraint and why is an understanding of their relative weight significant in exercising
the basic assumption of the static model
A member of your team shows disruptive behaviour. Her work is excellent but she is not a team player. The results are that she does not make a payment to team effort and her collea
How is business cycle essential in economic downturns and upturns? The Business Cycle: It is the short-run alternation between economic upturns and downturns. A
how managerial economics is applied in a firm?
how does economic theory contribute to managerial decisions?
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