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Working Paper
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This study presents a comprehensive picture of poverty changes in China in the period of 1978-95. Using two micro-data sets from Household Income Surveys of 1988 and 1995, the author examines poverty distribution among various localities and population sub-groups. The results show that poverty has...
Working Paper
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– Lessons from China
Using a survey of 300 state-owned enterprises (SOEs), we argue that the acceleration of inflation in China after 1984 was caused by the decentralization reforms in the state sector. These reforms allowed the SOEs to realize their innate tendencies to over-consume and over-invest. The evidence...
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