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the institutional strength of free market economy. Consumers and producers pursue their own self-interest and interact in markets. The market mechanism invisibly leads the market to equate marginal benefits (or quantity demanded) with marginal costs

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a sense of the vulnerabilities of system. A finer comprehension of the liquidity flow's direction would allow policymakers to fine-tune the current regulation regime. Empirical papers of the field focus on large, developed market economies, with

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Confucian cultural foundation, attach great value to education, and are highly competitive ( Sun, 2013; Yang, 2011 ). In other ways, however, China is distinctive. It is one of the few remaining socialist countries, but shifted to a neoliberal market economy

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Chinese officials, some on various aspects of the working of a market economy, and some on the specifics of the relations between an IMF member country and the IMF. The latter included annual visits to China by IMF staff, provision of data by China to the

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): Inflation and Stabilization in Transition Economies: A Comparison will Market Economies. IMF Working Paper WP/95/08. Slovenia Weekly, January 11, 1997. Tornell, A., Velasco, A. (1995): Fixed

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moved immediately to the stage of adapting the product to their own needs and adding their own intellectual thought, and finally, also without delay – to mass production of such an advanced product. In the classical market economy and traditional Western

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tannins, as well as 8 amino acids that are not synthesized by animals [ 6 ]; additionally, the leaves have a high market economy value. The extract of E. angustifolia L. has good antioxidant and bacteriostatic effects [ 7–8 ]. Preliminary activity

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Csaba, László (1998a): A második reformtól a rendszerváltozáson át a szociális piacgazdaságba (From the Second Reform through the Transition to Social Market Economy). In: Szamuely, László — Csaba, László: Rendszerváltás a közgazdaságtanban

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in Chinese biotechnology innovation during the studied period. It is different from most of the developed market economies, where firms are the main innovation actors. China is in transition from formal central planning to market economy during this

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has increased tremendously as a result of its market economy and opening up policy. China is fervent to achieve the status of global powers and is making conscious attempts to use science and technology as levers for economic growth. The reinforce

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