and widely taking place in China, it is much less known whether and to what extent privatization has improved resource …While it is by now well known that the privatization of township- and village-run enterprises (TVREs) has been rapidly … allocation and productivity. As a first step toward the fuller understanding of the effect of privatization, this study …

China's remarkable run of persistently high growth in recent decades is all the more stunning in light of the country …

This paper studies China's four-fold increase in per capita GDP relative to the U.S. between 1995 and 2019. First, we … argue that China's growth pattern is very similar to that of several other East Asia economies that initially grew very … China's growth path and the growth paths of other East Asia economies at a similar stage of development. The growth paths of …

feudal elite; withdrew its hand with a propitious mass privatization that rallied the private sector; marginalized an …

the market. In particular, we look at whether speed of privatization, legal institutions or initial conditions are more … endogeneity, confused issues of speed and level of privatization, and did not face up to the problems of multicollinearity. Our … results suggest that, contrary to the earlier literature, the speed of privatization is negatively associated with growth, but …

below emerging countries such as Brazil, China and India. In contrast, the central European transition countries such as …

best, particularly in comparison with that of China. Comparing these countries and reviewing the literature, we conclude … gained from trade, and by some measures, more so than China. We sketch out a theory in which developing countries can grow … continuing reforms, Chinese growth is likely to slow down sharply, perhaps leaving China at a level less than Mexico's real GDP …

that China sells, rather than goods that China buys. I assess evidence from recent literature on these arguments and …

wage incentive, not privatization, have been emphasized. The convergence school holds that China's successes are the result …Broadly speaking, two schools of thought have emerged to interpret China's rapid growth since 1978:the experimentalist … school and the convergence school. The experimentalist school attributes China's successes to the evolutionary, experimental …