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Deconstructing China’s and India’s Growth: The Role of Financial Policies

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  • Jahangir Aziz
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    Abstract

    This paper uses the standard one-sector neoclassical growth model to investigate why China’s consumption has been low and investment high. This paper looks into the role played by the financial sector in the growth process of China and India. [WP No. 224].

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    Bibliographic Info

    Paper provided by eSocialSciences in its series Working Papers with number id:1714.

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    Date of creation: Oct 2008
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    Handle: RePEc:ess:wpaper:id:1714

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    Related research

    Keywords: policy; policies; government; bank lending; exports; banking; sector; market; non performing assets; loans; capital ratio; investment; financial sector; China; India; neo-classical; growth; consumption; deconstructing;

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    14. Bencivenga, V.R. & Smith, B.D., 1988. "Financial Intermediation And Endogenous Growth," RCER Working Papers 124, University of Rochester - Center for Economic Research (RCER).
    15. Singh, Ajit, 1997. "Financial Liberalisation, Stockmarkets and Economic Development," Economic Journal, Royal Economic Society, vol. 107(442), pages 771-82, May.
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