sustained growth in the People's Republic of China (PRC) in the long run. We argue that the PRC has the potential to sustain …

, selective adaptation, and industrial upgrading. This paper attempts to distill lessons from China's reform and opening up … process, and investigate the underlying reasons behind China's success in trade expansion and economic growth. From its … beginnings with home-grown and second-best institutions, China has embarked on a long journey of reform, experimentation, and …

Myrdal did not cover China in his Asian Drama. If he did, he would have been most likely pessimistic about China, as he … was about other Asian countries in his book. However, China has achieved miraculous growth since the transition from a … planned economy to a market economy at the end of 1978. This paper provides answers to the questions: Why was China trapped in …

, selective adaptation, and industrial upgrading. This paper attempts to distill lessons from China's reform and opening up … process, and investigate the underlying reasons behind China's success in trade expansion and economic growth. From its … beginnings with home-grown and second-best institutions, China has embarked on a long journey of reform, experimentation, and …

, selective adaptation, and industrial upgrading. This paper attempts to distill lessons from China's reform and opening up … process, and investigate the underlying reasons behind China's success in trade expansion and economic growth. From its … beginnings with home-grown and second-best institutions, China has embarked on a long journey of reform, experimentation, and …

and opportunities for Latin America that come from China's rise, and draws lessons from New Structural Economics and the … to avoid further de-industrialization arising from the competitive pressures of the rise of China, broaden the base for …

and opportunities for Latin America that come from China's rise, and draws lessons from New Structural Economics and the … to avoid further de-industrialization arising from the competitive pressures of the rise of China, broaden the base for …

growth in contemporary China. …

's Republic of China (PRC)", under which all the papers in this special volume were prepared. It summarizes key findings of these …