530 research outputs found

    China's Economic Fluctuations and Their Implications for Its Rural Economy

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    Finds that China's rapid growth over the past quarter century has disadvantaged the rural economy and suggests a greater consideration of the rural implications of standard macroeconomic policy making

    China and the Global Financial Crisis

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    Despite China's strong current financial and economic position, a focus on China can help highlight how this current global crisis is just another step in the evolution and improvement of the world’s governance systems.China cannot make the mistake of viewing this crisis as a sign of weakness in the political and economic systems that have emerged over centuries in the world’s most scientifically and commercially advanced nations. Those systems are still works in progress, and China needs urgently to learn as much as it can from them—including the lessons they are gleaning or hopefully will glean from this current financial and economic crisis

    Long-range angular correlations on the near and away side in p–Pb collisions at

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    Underlying Event measurements in pp collisions at s=0.9 \sqrt {s} = 0.9 and 7 TeV with the ALICE experiment at the LHC

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    The Value of the Wassermann Reaction and of Salvarsan

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    Table C. Korean regional farm product and income

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    China's Financial Sector: Contributions to Growth and Downside Risks

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    CHINESE REGIONAL INEQUALITIES IN INCOME AND WELL-BEING

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    Dividing China into seven regions reveals rural income and consumption divergence for both 1980-2005 and 2000-05. But while real rural consumption growth averaged 7.7 percent over 1985-2005 in the eastern coastal region, it averaged 6.5 percent uniformly in the interior. In evaluating well-being, such rapid improvement in all regions arguably overshadows negative connotations of divergence. Twenty years of household survey data reveal dramatic increases in rural household savings, as rural consumption improved more slowly than income in some periods. This raises questions about the suitability of consumption as a basis for measuring well-being and its distribution. Increased savings appear to be transient, as some households save while others dissave to purchase durables and afford lumpy services like education and healthcare-supplies of which became more plentiful in the 1990s. The paper argues that more meaningful measures of regional disparities come from differences in regional poverty headcounts. It also suggests that higher regional inequality and accompanying interregional migration indicate that inequality plays an important positive role in inducing economic actors voluntarily to move to more productive locations and activities as a mechanism for ensuring sustainable improvements in individual well-being. Copyright 2009 The Author. Journal compilation International Association for Research in Income and Wealth 2009.
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