Broadly speaking, two schools of thought have emerged to interpret China's rapid growth since 1978 : the experimentalist school and the convergence school. The experimentalist school attributes China's successes to the evolutionary, experimental, and incremental nature of China's reforms. The...

One of the surprising features of modern economic growth is that economies with abundant natural resources have tended to grow less rapidly than natural-resource-scarce economies. In this paper we show that economies with a high ratio of natural resource exports to GDP in 1971 tended have low...

The following note offers some calculations of the sources fo slow growth in African economies.

Several recent studies have examined the tendency of regions within a nation to exhibit long-term convergence in per capital income levels. In this paper we examine the tendency towards convergence among the provinces of China during the period 1952-1993.