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Sustained policy support and deeper structural reforms to revive China's growth momentum

China’s growth is projected at 5.2 percent in 2023 before slowing to 4.5 percent in 2024. The outlook is clouded by continued weakness in the real estate sector and persistently tepid global demand in the short term, as well as structural constraints to growth, including high debt levels, population aging, and slower productivity growth than in the past.
World Bank Which Way Navigating China Post Pandemic Growth Path China Economic Update East Asia And Pacific Eap

The Value Theory of Labour - Diane Elson

Seminal essay from 1979 from Diane Elson arguing for the importance of Marx’s “Value Theory of Labour.” The essay was a product of debates within the Conference of Socialist Economists (CSE). Full PDF of the essay also below. Note: As Soren Mau pointed out, more than two decades before Elson, Raya Dunayevskaya suggested that we should speak of the ‘value theory of labour’ rather than the ‘labour theory of value’. See 'The Logic and Scope of Capital, Volumes II and III' he...
New Brunswick City Of United Kingdom United States New York Harvard University
Source: libcom.org

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