Liberal opinion holds that the international monetary and financial system is a device for promoting…
Can China Become the New Growth Pole for Asia? C.P. Chandrasekhar and Jayati Ghosh
With the US economy clearly tipping into recession, international attention is now focussed on the extent to which China and India can create an alternative growth pole for the world economy through their increasing demand. In this article, the authors assess the potential for China to play such a role by analysing its trade pattern with developing Asia.
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