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Central-local budgetary arrangements have undergone numerous changes since the 1960s as the Chinese government in its quest for modernization has sought to balance the needs of central control and local autonomy. During the reform period, the falling tax share of GNP and a commitment to greater...
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Intro -- Contents -- Author's Note -- Introduction -- 1. The Middle-Income Trap -- 2. China's Looming Transition -- 3 …. The Worst-Case Scenario -- 4. How China Got Here -- 5. A Shaky Foundation -- 6. Invisible Barriers -- 7. Behind Before …
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"Twenty years ago, seemingly everything for sale at American retailers had a "Made In China" sticker on it. Now, things … underway. Even as American commentators fret over "rising China," the real threat lies in a virtually unknown story: that of a … country's future-and the world. Far from the prospect of global takeover, a China newly adrift has the potential to be our …
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The dramatic transition from Communism to market economies across Asia and Europe started in the Chinese countryside in the 1970s. Since then more than a billion of people, many of them very poor, have been affected by radical reforms in agriculture. However, there are enormous differences in...
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