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Economist Justin Yifu Lin on state-led economic growth

18 Nov

By Keffyalew Gebremedhin

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Economist Justin Yifu Lin retired from vice presidency of the World Bank at the end of May 2012. Since, he has returned to Peking University to do research and teach. Lin is a formidable advocate of state-led growth, which he popularized as New Structural Economics. In essence, it is advocacy mainly for manufacturing, with state led initiatives, in developing countries of which the World Bank has now become its foremost exponent.
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