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Expert says economic growth requires bigger financial sector

China Daily | Updated: 2013-01-04 07:57

Urbanization | Lan Lan

Achievement of development goals hinges on effective capital allocation

Urbanization is expected to be a driving force in China's long-term economic growth, and ensuring that happens will require a good allocation of capital, financial innovation and efforts to reduce inequality, says Robert Shiller, a Yale University economist.

Expert says economic growth requires bigger financial sector

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