This paper examines China and Africa co-operation from the angle of structural transformation as a major driver of … growth and job creation. Being a bit ahead in the structural transformation process, China can provide ideas, tacit knowledge …, opportunities as well as development finances in Africa's transformation. We review critical parts of China's transformation to see …

Many transition policies, based on neoclassical economics, failed in Eastern Europe, the former Soviet Union, and China … firm has normal management. However, many firms in the socialist as well as transitional economies are not viable, that is … management because they are in sectors that are inconsistent with their economies' comparative advantages. Under the viability …