The term "dual circulation economy" has been popping up in economic discussions across #China, signaling a potential paradigm shift in the Chinese #economy. But what exactly is a dual circulation economy? Here is a guide to the concept! #cartoon | T-House
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5K views · 94 reactions | “Dual Economy” models were developed to explain growth in the developing world. Now they appear necessary to comprehend the high income trap that afflicts the world’s most developed economies. Marcella Corsi, Guy Standing, Peter Temin, Shannon Monnat, Servaas Storm & Thomas Ferguson discuss. Download the papers and presentations at: ineteconomics.org/conference-session/growth-of-dual-economy | Institute for New Economic Thinking | Facebook
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19 reactions | Guide to China's "dual circulation" #economy. 1. What exactly is a "dual circulation" economy? 2. How can this dual strategy be achieved? 3. Will the world be affected by China's new economic policy? | Embassy of The People's Republic of China in the United States | Facebook
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18K views · 269 reactions | MIT’s Professor Peter Temin, addressing the Institute’s economics of race conference, sees the US economy as bifurcated along lines analogous to the situation described in developing world economies by W. Arthur Lewis. Access to education is the key to social mobility into the high-tech sector, but plutocratic public policy is choking off desperately needed investment in public education. | Institute for New Economic Thinking | Facebook
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18K views · 269 reactions | MIT’s Professor Peter Temin, addressin…
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