China's economic productivity growth
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Enablers:
- Technology imports
- Lots of 'learning by doing'
- Better education
- More efficient financial institutions
- More rule of law
- Better infrastructure
Inhibitors:
Gradual falling of China’s natural growth rate, from around 9-10% a year over the first two decades of reform, to 7-8% during the 2000-10 period, and to 5-7% over the following decade.
Paradigms:
Serious structural reforms such as privatization, liberalization of the financial sector, investment in education and supporting the indigenous private sector, are being preceded.
Experts:
Timing:
China's first seventeen years of economic reform, 1978 through 1995
Web Resources:
http://www.cctr.ust.hk/articles/pdf/WorkingPaper8.pdf
http://english.people.com.cn/200407/15/eng20040715_149647.html