WebAug 29, 2024 · China’s property-driven growth model, which has powered the global economy for at least two decades, is looking increasingly broken. Fixing it — or finding alternative engines for the world’s second-largest economy — could take several years. This is why the choices that now confront Beijing’s policymakers are so crucial. Webfor long-run growth. In the extended model, long-run per capita growth depends only on parameters that are usually taken to be exog-enous and is therefore independent of policy …
China’s property-driven growth model is broken
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Introducing the Forecasted Employee Growth model Culture Amp
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