Economics, Econometrics and Finance
8 years ago

Global economy trends towards socialist market, bringing both opportunity and challenge.

Journal of Jiangsu Institute of Education
Socialist Market Economy in the Ken of the Global Economy
Liang Bao-hua

Paper Summary

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The global economy is becoming more like a socialist market economy. They share similarities in how they operate, but also have differences that can cause conflicts. This shift brings both opportunities and challenges for socialist market economies. By adapting to global trends while considering local conditions, we can make the most of these changes.