This book explores institutional change and economic behaviour by examining the transition process in the former socialist countries that joined the EU in 2004, looking at the growth occurring in China, offering a historical perspective on economic underdevelopment in the Middle East, and...

This book is about mutual influences of thinking about economic development in China and in the West, from the 18th century until the present. Its chapters are contributed by development economists and historians of thought from China and other parts of the world. The book describes important...

1. Introduction / Ying Ma and Hans-Michael Trautwein -- 2. Physiocracy and the Chinese model / Stefan Gaarsmand Jacobsen -- 3. The reception of Adam Smith in East Asia / Qunyi Liu -- 4. Commodities, natural resources, and growth / Mauro Boianovsky -- 5. Yan Fu, individualism, and social order /...

'It is a conventional belief that the Chinese industrial economy is dominated by large state-owned enterprises closely connected with political power. While this perception is correct for some industries, such as petroleum refinery, this fascinating book, edited by Mariko Watanabe, presents us...