The paper examines the challenges that developing countries face in accelerating and sustaining growth. The cases of China and India are examined to illustrate a more general phenomenon which might be called model uncertainty. As a developing economy grows, its market and regulatory institutions change and their capabilities increase. As a result, growth strategies and policies and the role of government shift. Further, as the models of economies...
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详细
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2008/01/01
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57706
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1
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1
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2010/11/26
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Disclosed
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Growth strategies and dynamics : insights from country experiences
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global economy