Kip Beckman is looking closer into a book that everyone with interest in China and the global economy should read.
We are talking about Daron Acemoglu’s and Jim Robinson’s very readable oeuvre “Why Nations Fail”.
Furthermore, Hubert Fromlet launches some serious concerns about the intended joining of the euro/EMU by Latvia already next year. Changing exchange rate regimes belongs to the most important decisions of economic policy. Some re-thinking seems to be necessary, also by the deciding politicians. Will they ever learn?
Read on! Enjoy at Chinaresarch!
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