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The current economic development model is defunct we need ditch it

2015-03-11 15:30:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: 21 months and counting What is development? To many conventional economists it has been China, though not without irony. Its export-led development model and advantage in all economic sectors created its superpower status, and left it accounting for the vast majority of those lifted out of extreme poverty globally. But theres a problem with the model. Beijing is not a liveable city, said the citys mayor, Wang Anshun, recently. The price of rapid industrialisation and urbanisation has been...

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