We explore the pace of increase in returns to schooling during the transition from planning to market over time across a number of Central and Eastern European countries, Russia, and China. We use metadata from 33 studies of 10 transition economies covering a period from 1975 through 2002. Our...

China has been growing at high rates during the previous three decades. The current process of rebalancing from an investment- and manufacturing-led growth model towards a consumption- and service-led model is associated with decreasing growth rates. We show that China's current state of...

China's politicians like to emphasise that they are building a socialist market economy based on the ideology of socialism with Chinese characteristics. Unlike other post-communist transitions to capitalism, China's radical economic transformations during the neo-liberal era did not generate a...

Ever since the rivalry between America and China flared up during President Trump's term in office, the question has been raised about the extent that a situation could develop in which the rivalry between established and new power could lead to a conflict that would exhaust both. The article...

Why some party-states collapse and others don't? Why some transformations are accompanied by economic crisis while others by economic growth? Are first political or economic transformation strategic alternatives? This paper comprises the essence of the author's comparative research on...

This paper is challenging mainstream views about the contemporary Chinese system as a developmental state and a variety of capitalism. Based on a comparative analytical model (Csanádi, 1997, 2006) I will demonstrate that in China the general features of a communist system prevail to date, and...

Why some party-states collapse and others don't? Why some transformations are accompanied by economic crisis while others by economic growth? Are first political or economic transformation strategic alternatives? This paper comprises the essence of the author's comparative research on...

This paper is challenging mainstream views about the contemporary Chinese system as a developmental state and a variety of capitalism. Based on a comparative analytical model (Csanádi, 1997, 2006) I will demonstrate that in China the general features of a communist system prevail to date, and...

Nominally socialist but steadfastly market-oriented, China is embarking on a strategy of slow but steady economic transformation and their economy is currently experiencing one of the most rapid growth rates in the world. There are generally two means of privatization of a formerly centrally...

Edited by Yun-chien Chang, Wei Shen and Wen-yeu Wang, the book Private Law in China and Taiwan: Legal and Economic Analyses is set to be a leading comprehensive and authoritative law book that provides an economic and comparative framework for analysing private law in China and Taiwan. This book...