This article quantifies the comparative performance of China in several dimensions. Firstly, it shows that China's move from a command to a market economy was less abrupt and more successful than that of 29 other economies making a similar transition. Secondly, while official estimates show...

There are major methodological and practical problems in comparing the performance of capitalist and communist economies. They have been most carefully analyzed for the former Soviet Union, for which there was a huge research input, mainly by the CIA. The CIA effort had considerable merit,...