Showing 1 - 5 of 5
This paper explores endogenous institution formation under a catching-up strategy in developing countries. Since the catching-up strategy is normally against the compartive advantages of the developing countries, it can not be implemented through laissez-faire market mechanisms, and a government...
Persistent link: https://www.econbiz.de/10012552230
Many transition policies, based on neoclassical economics, failed in Eastern Europe, the former Soviet Union, and China …
Persistent link: https://www.econbiz.de/10011470722
This paper examines China and Africa co-operation from the angle of structural transformation as a major driver of … growth and job creation. Being a bit ahead in the structural transformation process, China can provide ideas, tacit knowledge …, opportunities as well as development finances in Africa's transformation. We review critical parts of China's transformation to see …
Persistent link: https://www.econbiz.de/10010246053
Many transition policies, based on neoclassical economics, failed in Eastern Europe, the former Soviet Union, and China …
Persistent link: https://www.econbiz.de/10002004173
As a result of the extraordinary performance in the past 20 years, China's status in the global economy has … dramatically changed. In this article, I reflect on China's unprecedented growth, examine the reasons for that growth, and discuss … that growth rate, China will definitely encounter many challenges – both internally and externally. The twenty …
Persistent link: https://www.econbiz.de/10012562822