The article looks to the status of Portugal-China bilateral relations in the context of an enormous trade deficit, the fading of Portuguese economic interests in Macao and China, and the removal of China as a vector of Portugal foreign policy. The author stresses that the causes of the...

The Xi-Li administration faces the dual challenge of managing state capitalism and shadow banking as China enters a phase of more moderate economic growth. During China's first three decades of reform, private sector development occurred in parallel with prioritization of state-owned enterprises...

Special economic zones (SEZs) have been touted as “tools for development”, and yet their results have often been disappointing. We explain how SEZs can be used to reform a country from a system dominated by rent-seeking to a liberalized economy, where officials derive their revenues from...

We scrutinize the systemic consequences of state intervention triggered by external shocks in the transforming Chinese economy before and after the global crisis. We interpret investment dynamics using a comparative party-state model concept framework. We identify the overinvestment as an...

The paper simulates and measures the effects of the international financial crisis of 2008 on China's economy by employing a small open DSGE-VAR model, with which the efficiencies of the responses of China's monetary and fiscal policies are assessed, and the determinants of China's business...

The Commission's annual Richard Snape Lecture was presented by Professor Yu Yongding from the Chinese Academy of Social Sciences (Beijing) on 25 November 2009 in Melbourne.In an address titled ‘China's Policy Responses to the Global Financial Crisis' Professor Yu described how the Chinese...

It is well known that height is positively associated with earnings. Based on individual level data, this paper investigates the channels through which height influences income in China. Our first key finding is that taller people are more likely to become members of the Communist Party,...

This paper provides a comparative assessment of fiscal decentralization in China and India, including the standard components of expenditure and revenue assignments and institutions for intergovernmental transfers, as well as the nature of subnational authorities over general economic activity....

This paper provides the first micro-level evidence for the existence and patterns of intra-national protectionism in China. We demonstrate that drug advertising inspections are used by provincial governments to discriminate against firms from outside the province and document how the degree of...

This paper analyzes the housing markets and housing policies in Hong Kong, China and the People's Republic of China (PRC). Both markets face housing affordability problems due to limited land supply, for which the solutions vary considerably. Hong Kong, China has adopted a railway and property...