Aditya Bharadwaj

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“Say an enterprising individual wanted to do business, but at that time he or she could not do so. This person could collaborate with township and village officials and start a TVE in the name of the local government.”43 It is impossible to know for sure how many TVEs were actually collective or privately managed or a mixture of the two. Regardless, these enterprises became “the major driving force of our industrial economy.”44 Locals characterized the 1980s as the decade of “a mini growth spurt.”45
How China Escaped the Poverty Trap
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