1.4 Economic incentives: The Xiaogang village story

Islamic Finance Podcast with Almir Colan

In this episode, we examine incentives that drive economic prosperity and reward initiative and risk-taking. Specifically, we look at the principles that Xiaogang village adapted in 1978 and how it led to China's modern economy that reportedly lifted 500 million people out of poverty.

Hosted by Almir Colan

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