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Is Technological Progress Good For Everyone? With Daron Acemoglu
Capitalisn't
The Role of Economic Reforms in China's Rapid Economic Growth
China's rapid economic growth in the past 40 years challenges the argument that development is inevitable, highlighting the importance of economic reforms. The growth was enabled by economic reforms that allowed for price system incentives in agriculture and industry. This created an environment for investment, technology flow, and ultimately triggered China's rapid economic advancement.
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