behaviour of the last 20 years in China. Six case studies of technological learning and links to external sources of know …-how from the South of China in the Pearl River Delta are examined. It is shown that the learning process that has been … South China lies in this ‘external’ interactive technological learning, as in other East Asian economies. …

of the economic system in China. By using the theory of endogenous ownership arrangements developed in Tian (1995), a … three stage method of China’s economic reform will be provided. It will be shown that a smooth institutional transition to a … market economy needs to go through three stages: (1) economic liberalization; (2) marketization; and (3) privatization. In …

As an innovator in the financial system, China was the first to use paper currency. Eventually the form of currency was … control inflation and to maintain financial stability as the government transforms itself from a planned economy to a mixed … market economy. The transforming economy is moving toward a free market system through series of economic reforms. The …

establishments to quantify the potential extent of misallocation in China and India versus the United States. We measure sizable gaps … in marginal products of labor and capital across plants within narrowly defined industries in China and India compared … observed in the United States, we calculate manufacturing TFP gains of 30%–50% in China and 40%–60% in India. …

-synonymous with Beijing’s export-oriented strategy, the Article first discusses the state of the Chinese economy in the post …-global financial crisis era. After reviewing some key indicators of the country’s economy, the Article presents a comparison between a … evolving model in this new era, China’s trade and finance models prospectively present a distinctive modeling of capitalism and …

country like China; (b) will a stockmarket be system-compatible; and (c) if a full-fledged stockmarket is indeed introduced in … a socialist economy, can its “negative influences” (speculation, booms and crashes) be minimized? These issues are … economies. Although the paper considers the specific case of China, the argument is more general and has application to other …

close integration with the world economy, that is integration up to the point it was in India’s interest to do so. …