being reflected through the changes which are occurring in the economic structure of an economy as well as in the structure … countries in the fast changing global economy. …

negative effect on economy. Also, an increase in employment in service sector was better than industrial sector in supporting … economic growth. Thus, government of Thailand should no longer support agricultural sector but service-based economy instead. …

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 …