The economic emergence of the world's most populous nation is having a big impact on everyone else. Tony Venables and Linda Yueh analyse which countries, industries and workers are likely to benefit and which may lose out from the continuing challenge of the China effect.

Many cities in developing economies, particularly in Africa, are experiencing urbanization without industrialization. This paper conceptualizes this in a framework in which a city can produce non-tradable goods and-if it is sufficiently competitive-also internationally tradable goods,...