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The “Beijing Consensus” (BC) as a concept has been utilised to distinguish China's economic development experience from the “Washington Consensus” (WC), the policy toolkit offered to developing countries by Washington-based international organisations. This paper posits that recent...
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matter”, there has been a massive surge in development assistance for institutional reform projects in developing and … transition economies involving investments of many billions of dollars. However, these reforms have had mixed to disappointing … results thus far. Against this backdrop, this paper identifies successful institutional reforms, and claims that they have one …
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