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What was the Impact of Creating Better Jobs for More People in China’s Economic Transformation What We Know and Questions for Further Investigation (Inglés)

The authors show that for China the movement of more people into better jobs with higher incomes formed a very important explanation for the country’s long-term success in growth and poverty reduction. China’s exporting cities created a virtuous cycle of new wage-employment-creating investments by new businesses making new products. The rapid increase in urban labor demand drew hundreds of millions of workers from the rural “traditional” sector...
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