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This book examines the butterfly effect in China's modern economic development during the period of 1978-2018. By 2018, China was the world's second-largest economy from its 10th position in 1978 with its 9 per cent average annual growth rate of GDP in the previous four decades.
This book aims to make a theoretical integration of well-established growth theories. It presents essential features of modem economic growth, which may be described as dynamic interdependence among capital, knowledge, population, economic structure, and exchange values.
This book develops a new theoretical framework to examine the issues of economic growth and development
Why has Japanese industrialisation been so much faster than that of China? The book challenges a common assumption that Chinese Confucianism does not encourage modernisation, while Japanese Confucianism propelled industrialisation forward.
The development of international trade theory has created a wide array of different theories, concepts and results.
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