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As is considered in this paper,none of the ever existing long wave theories can totally describe or correctly explain the chronic fluctuating characters of the capitalist world economy system since the year 1857. Based on Karl Marx’s greatest work “Capital” and combined with considerable...
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. Our empirical analysis suggests that exporting growth significantly promoted employment in manufacturing sector and also … indirectly promoted employment in service sector. Exploiting our micro-level data, we further estimated the impact of exporting … on employment by various groups and found that exporting has a more significant and larger effect on younger, less …
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reduced the employment of full-time workers and hired more temporary workers instead. As a result, the labor force …
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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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