2019
DOI: 10.31031/mcda.2019.04.000597
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TVET and Sustainable Growth in Developing Countries: Lessons from China

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“…The development of logic and discourse in economic development today is trying as much as possible to stop economic intervention by the hands of the government and leave it completely to the invisible hand of the market. This very market-oriented view has drawn criticism presents a synthesis that the state and the market are a mutually offsetting relationship, not a substitute one (Adekunle, 2019). A keynesian view from Rodrik is an introductory basis in the process of creating today's economic development.…”
Section: Tvet (Technical and Vocational Eduaction Training)mentioning
confidence: 99%
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“…The development of logic and discourse in economic development today is trying as much as possible to stop economic intervention by the hands of the government and leave it completely to the invisible hand of the market. This very market-oriented view has drawn criticism presents a synthesis that the state and the market are a mutually offsetting relationship, not a substitute one (Adekunle, 2019). A keynesian view from Rodrik is an introductory basis in the process of creating today's economic development.…”
Section: Tvet (Technical and Vocational Eduaction Training)mentioning
confidence: 99%
“…At the beginning of development, China actually started from rural areas which was accompanied by economic decentralization. The strategy of giving more authority to the local government to be oriented towards development interests that prioritizes the potential of these rural areas (Adekunle, 2019). This strategy has also succeeded in providing a stimulus for private investment in the local economy to boost productivity and also strengthen China's domestic economic base before entering the global competition arena.…”
Section: Tvet (Technical and Vocational Eduaction Training)mentioning
confidence: 99%
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