How rich is China and how fast has the economy grown? Statistical controversies
Correctly measuring a country’s national income and its growth is essential to the understanding of various aspects of the country’s economy both at present and in the future. The measurement issue is even more important for economies like China whose size-based economic-political power is always important to the world, but whose statistical system is less transparent and more non-standard because of the strong influence of the Marxian material product system (MPS) developed during the central...[Show more]
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