China's rapid growth was fueled by substantial physical capital investments applied to a large stock of medium skilled … the past decade, China has made substantial investments in producing it. The egalitarian access to medium skilled …. China's growth will be fostered by expanding access to all levels of education, reducing impediments to labor mobility, and …

China has achieved tremendous economic progress in the last three decades, but there is much work to be done to make … in striking the right balance in terms of speed and coordination of reforms. We argue that China's current stage of …

While China shared many systemic, initial conditions with the transition economies of Central-East Europe (CEE) and the … CEE and CIS countries. Unlike most of the CEE and CIS economies, China adopted a strategy of gradual economic … transformation that maintained the existing system and created new economic activities on top of it. This enabled China to avoid the …

China has achieved impressive growth over the last three decades. However, there has been debate over the sources of … quantifying their contributions to growth. In this paper, we develop a three-sector dynamic model to quantify the sources of China … continues to absorb more than half of all fixed investment. If capital had been allocated efficiently, China could have achieved …

Survey data from urban China in 2002 show levels of life satisfaction to be low, but not exceptionally so, by … international comparison. Many of the determinants of life satisfaction in urban China appear comparable to those for people in …