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Can extending social welfare expenditures promote economic growth? This issue has been discussed extensively, with some … expenditures in one lead to different economic growth rates? What is the channel by which such expenditures impact economic growth … squares to investigate the relationships among social welfare expenditures, human capital, and economic growth using data on …
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Based on the savings glut argument, proposed a new point of view that unlike the neoclassical and Keynesian, and on this basis, shows the current plight of the Chinese economy is heavily reliant on the root cause of the investment. Since 2008 the world financial crisis, reflections on...
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