The concept of an externally oriented economy came up last year during preliminary discussions on the orientation of development of the four special economic zones, including Shenzhen, but the idea that the coastal areas should develop externally oriented economies as their development strategy...

Economists have generally recommended [either of] two different types of strategies or styles regarding the reform of a centralized planned economyâa controlled economyâinto a market economy. There are all kinds of descriptive terms that may be applied to these two different categories of...

The East Asian Financial Crisis that started last year has had an enormous impact on the economies of Asia and other regions. The economies of South Korea, Thailand, Malaysia, and Indonesia have lost nearly U.S. $600 billion, and the per capita income levels in these countries, in terms of U.S....