Brandt, Loren; Ma, Debin; Rawski, Thomas G. - 2016
We see industrialization in China the last 150 years as an ongoing process through which firms acquired and deepened … seriously limit benefits. For a latecomer like China, modern industry initially finds its most success in more labor …-intensive products and processes. China's experience shows that government can both support and obstruct this process. Our review of long …