Economics, Econometrics and Finance
8 years ago

The Enlightenment: Boosting China's Economy Through Increased Domestic Demand

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Journal of Shandong Administration Institute Shandong Economic Management Personnel Institute
The Enlightenment to Expand Domestic Demand from Western Efficient Demand Theory
Lin Xiao-jian

Paper Summary

Consumer demand drives economic growth. The paper discusses Western demand theory and how it applies to China. China lacks investment and consumption demand, leading to a need to boost domestic demand.

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