Over the past two decades, China has become an economic powerhouse. However, as the world's largest producer of CO2 emissions, the scale and seriousness of China's environmental problems are clearly evident. This pioneering book provides an economic analysis of the significant environmental and...

Strong Chinese output growth after the Global Financial Crisis was supported by booming credit. This credit boom carries risks. International experience suggests that China's credit growth is on a dangerous trajectory, with increasing risks of a disruptive adjustment and/or a marked growth...

This important book highlights the conflicts between economic growth and the conservation of nature in the context of sustainable development. It places particular emphasis on biological diversity and examines possible policies for resolving conflicts which arise from the contrasting goals of...

This paper assesses the sustainability of China''s export-oriented growth over the medium to longer term. It shows that maintaining the current export-oriented growth would require significant gains in market share through lower prices in a range of industries. This, in turn, could be achieved...