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This paper studies the causal effect of technology and knowledge transfers on early industrial development. Between 1950 and 1957, the Soviet Union supported the "156 Projects" in China for building technologically advanced industrial facilities. We exploit idiosyncratic delays in project...
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first part, we describe crucial dimensions of industrialization in the region - its extent, its historical trajectory, and …
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The Chinese economy has undergone three major phases: the 1978-97 period marked as the SOE-led economy, the 1998-2015 phase as the investment-driven economy, and the new normal economy since 2016. All three economies have been shaped by the government financial policies, defined as a set of...
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answering the question that "can China’s FDI in sub-Saharan Africa (SSA) stimulate the sub-region’s industrialization … SSA has an insignificant but positive effect on SSA industrialization. Suggesting that China’s FDI is not enough to boost … industrialization in SSA. Furthermore, the result shows that the electricity supply in SSA has a significant and positive impact on …
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