Modern economic development is accompanied by the structural transformation from an agrarian to an industrial economy and occurs through a process of continuous industrial and technological upgrading. Since the 18th century, all countries that industrialized successfully in Europe, North America...

"The process of development is full of uncertainties, especially if it is a process of transition from a planned economy to a market oriented one. Because of uncertainties and country specificity, development must be a process of learning, selective adaptation, and industrial upgrading. This...

Introduction and Overview -- Chapter 1 China’s Miracle in Growth and Poverty Reduction -- Chapter 2 Explaining China’s Growth Miracle -- Chapter 3 Why China Must Advance Transformation and Improve the Quality of Growth -- Chapter 4 Rising Income Inequality -- Chapter 5 Social Disparity and...

Purpose – World Trade Organization (WTO) accession marked a new beginning for China's economic, legal and institutional reforms and rapid integration with the rest of the world. The purpose of this paper is to review China's post-WTO transition experience, synthesize and update studies on...