The paper examines the notion of a 'developmental state' and shows that China possesses the characteristics of a developmental state.  It explains the political economy which generated such a state in China and in some other economies.  It analyses the methods and mechanisms that were...

Social instability is a concept that economists rarely analyse, and yet it can lurk behind much economic policy-making.  China’s leadership has often publicly expressed its concerns to avoid ‘social instability’.  It is viewed as a threat both to the political order and to...

The paper examines the notion of a ‘developmental state’ and shows that China possesses the characteristics of a developmental state. It explains the political economy which generated such a state in China and in some other economies. It analyses the methods and mechanisms that were...