symptoms but not the root causes

This reveals the complexity of economic growth, especially in the current context of China’s economic transformation. Ignoring the regulation of coefficient relationships could lead to policy design falling into the problem of treating symptoms but not the root causes. From the perspective of the theoretical lineage of economics, traditional growth models, such as the Solow-Swan model and New Growth Theory, primarily focus on the interaction between the input of production factors and technological progress, with little consideration of the institutional variables specific to China. The unique value of ANBOUND’s Economic Growth Model lies in its ability to integrate not only the classical theories on capital, labor, and technology but also the role of government actions through reform and cultural factors within the system. สล็อตเว็บตรง