China’s stimulus in 2020 and 2009 are quite similar in scale but GDP has more than doubled -> proportional impact is far less. Also far less heavily focused on construction
ncbi.nlm.nih.gov/pmc/articles/P… https://t.co/W84ZLep7wC
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow
May 18, 2023
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow the money,…