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was not the case, which is of significance for discussions comparing different political and economic models. Between 1980 and 2009, India's GDP rose 7.2-fold, in China, as much as 26.7-fold. In that time, India, which until 1992 had a higher income

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hybrid approach in the Chinese economic model. At one end, we have a solid trust in global competition – the selection and allocation system based on market mechanism that can guarantee the success of own leading companies (including the faith in their

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. – Tarassow , A. ( 2016 ): Monetary Shocks, Macroprudential Shocks and Financial Stability . Economic Modelling , 56 : 11 – 24 . 10.1016/j.econmod.2016.03.003 Hakkio , S. C. – Keeton , W.R. ( 2009 ): Financial Stress: What Is It, How Can It Be

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. – Krekó , J. – Oblath , G. ( 2020 ): Labor Shares in the Old and New EU Member States - Sectoral Effects and the Role of Relative Prices . Economic

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. Journal of Banking & Finance , 34 ( 8 ): 1886 – 1898 . 10.1016/j.jbankfin.2009.12.008 Beckmann , J. – Berger , T. – Czudaj , R. ( 2015 ): Does Gold Act as a Hedge or a Safe Haven for Stocks? A Smooth Transition Approach . Economic Modelling

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Impact of Physician Migration on Mortality in Low and Middle- Income Countries: An Economic Modelling Study . BMJ Global Health 5 ( 1 ): e001535 . 10.1136/bmjgh-2019-001535 Sandu , D. ( 2010 ): Modernising Romanian Society Through Temporary Work

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