The "rise of Asia" is something of a myth. During 1990-2005 China accounted for 28 percent of global growth, measured at purchasing power parity (PPP). India accounted for 9 percent. The rest of developing Asia, with nearly a billion people, accounted for only 7 percent, the same as Latin America. Hence there is no general success of Asian developing economies. China has grown better than its developing neighbors because it started its reform with...
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INFORMATION
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2007/03/01
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Document de travail de recherche sur les politiques
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WPS4174
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1
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1
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2010/07/01
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Disclosed
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Asian century or multi-polar century ?
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investment climate