analyses China’s institution - a regionally decentralized authoritarian system. The central government has control over …China’s economic reforms have resulted in spectacular growth and poverty reduction. However, China’s institutions look … ill-suited to achieve such a result, and they indeed suffer from serious shortcomings. To solve "China puzzle" this paper …

China was the largest economy in the world before the end of the 19th century; then became one of the poorest countries … in the world in a few decades. Now China is returning to its historical past. To understand China’s development, and to … understand where and how far China will move forward, this paper examines how its institution functioning. …

This Paper reviews the controversy over China’s exchange rate regime. Placing the issue in the context of the … literature on exit strategies, it argues that now is the best time for China to exit from its peg. Moving to a managed float …