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This book explores the essence of the middle-income trap based on two major perspectives, namely "economic transformation" and "social transformation". China has experienced high-speed economic growth for nearly 40 years since the adoption of the Reform and Opening policies. How…
The task -- The fair division of resources -- The labor auction thought experiment -- The solidarity solution -- Dworkin's hypothetical underemployment Insurance -- Van Parijs' minimal undominated diversity -- Fleurbaey's egalitarian equivalent allocation -- Fair pay and the gen…