1 China’s economic growth and poverty reduction (1978-2002) By Hu Angang,Hu Linlin and Chang Zhixiao1 [Abstract] This article has summarized and evaluated the trend of China’s poverty decrease in the period of 1978-2002‚ considering that China has obtained great achievements in the area of poverty decrease sine 1978 and made great contributions to the world; however‚ poverty decrease has not corresponded to the economic growth and it has slowed down the pace since the middle of 1980s; in addition
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III. INCREASE RATE OF TOTAL AND ELDERLY POPULATION IV. IMPACT OF THE RISING ELDERLY ON ECONOMIC SOCIAL SYSTEMS V. ECONOMIC EFFECTS ON CHINA’S ECONOMY VI. CURRENT SOCIAL PROGRAMS FOR THE ELDERLY VII. FUTURE SOCIAL PROGRAMS FOR THE ELDERLY VIII. POSSIBLE ECONOMIC IMPACT ON LABOR‚ FAMILY‚ AND WORKING-AGE IX. CONCLUSION INTRODUCTION Thirty-five years ago the proportion
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Economic growth Paul. A (2001‚ pp.568) states that economic growth is a positive change in the level of production of goods and services by a country over a period of time.” This means that economic growth occurs when there is an increase in the levels of output for production and services. It is brought by technological innovation and positive external forces and can also be seen as a term to indicate the GDP growth. The economic growth is measured by percentage change in GDP (Gross domestic
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benefited more or less from economic growth than the rich? I would have to say more than less. I say more‚ because if you look back in history a century ago‚ it is all about time. According to the chart in Chapter 27‚ on page 600‚ in figure 27-2‚ it took a worker over an hour and some minutes (about 1 hour and 20 minutes) to earn enough to buy one dozen of eggs. But in 2012 it took only minutes (about 10-15 minutes) to earn enough to buy the same dozen of eggs. The growth has made the average
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SEVEN MAJOR SOURCES OF ECONOMIC GROWTH KFCTGLM 1) Legal System 2) Competitive markets 3) Limits on Government regulation 4) An efficient capital (K) market 5) Monetary stability 6) Low Tax rates 7) Free Trade 1) Legal System: Foundation for economic progress is a legal system that protects privately owned property and enforces contracts in an evenhanded manner. Provides protection of property rights and enforcement of contracts. This reduces the uncertainties accompanying trade
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One should start by saying that economic growth of Japan after the end of the World War II was enormous. It resulted in Japanese economic ascension making Japan one of the few world most economically advanced nations. From the savage destruction brought during World War II. Japan has done wonders to create the strong economy it has today. Japan had managed to advance originally via proper government industry cooperation initiatives‚ strong work ethic of the Japanese people‚ adoption of new technology
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of fashion 1900-1990 What a Difference 100 Years Makes Looking back over fashion trends for the past 100 years can only cause one to marvel at the drastic changes that have occurred‚ often in lockstep with societal changes. Women’s liberation‚ for example‚ can be visually measured through the evolution from suffocating corsets to jersey fabrics to bikinis. A timeline of the past century shows how the times have changed. During ancient times people wore limited clothing made from animal skins
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According to the results from the local state-of-the-nation survey‚ over 40 percent of respondents in the Taiwanese survey expressed a certain degree of dissatisfaction concerning Taiwan’s future development‚ with only 25 percent answering positively. This was the first time that negative responses outnumber the positive responses by 15 percent‚ and the results represented the biggest lack of confidence in the economy for the past five years. It also showed that the public becomes increasingly pragmatic
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forward rather than backward. 2. ________________________ is the development or unfolding of traits present in the individual from his hereditary endowment. 3. ________________________is the result of the activities of the child himself 4. ________________________ method uses two or more groups with identical characteristics; one group is given training while the other group is not. 5.________________________is the rate of development that occurs during the pre-natal period and continues throughout
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taken from them. Zeroed out. Imagine a modern-day political movement that contended that mutual funds and 401(k)s‚ stocks and college savings accounts were evil institutions that must be eliminated completely‚ more or less
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