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Unformatted text preview: expected due to the fact they have 1 billion people. The per capita income isstill a lowly $2000, 107 th out of 179 countries. The purchasing power parity ranks at 82 nd out of 179 countries. o State has started to take control of the economy in an effort to shift to a balanced model (Behind) Slumps in consumer spending as a product of GDP o Overstated Growth massive government spending on public works, such as an airport expansion and a nuclear power station o No Innovation Have not produced any breakthrough products -What Has Come Out of This-Future o Asian Neighbors o The World...
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This note was uploaded on 03/27/2010 for the course EASC 150g at USC.