China is well-placed to avoid the so-called “middle-income trap” and to continue to converge towards the more advanced economies, even though growth is likely to slow from near double-digit rates in the first decade of this millennium to around 7% at the 2020 horizon. However, in order to...

China is well-placed to avoid the so-called “middle-income trap” and to continue to converge towards the more advanced economies, even though growth is likely to slow from near double-digit rates in the first decade of this millennium to around 7% at the 2020 horizon. However, in order to...

The Information Technology Agreement (ITA), a pluri-lateral trade agreement, seeks to accelerate and deepen the reduction of trade barriers for the critically important information and communication technology (ICT) industry. ITA thus provides an interesting case study of how tariff reduction...

Using a strategy of export-led growth and an activist industrial policy, Japan, the Asian Tigers and more recently China have attained high rates of economic growth. Export-led growth has taken over the status as model for developing countries' economic development from the formerly prevailing...

The international economic literature makes primarily China responsible for the evolution of a global disequilibrium. According to this view, China's current account surplus and the growth of the resulting Chinese official exchange reserves to almost two thousand billion dollars were rendered...

This study applies a two-sector model to examine the conditions under which the excess labour force can be reallocated from the tradable to the nontradable sector during structural transformation. We find that to maintain employment stability, output in the nontradable sector should be...

This paper studies the theoretical implications of structural transformation and demographic transition in Mainland China for its domestic economy and the world interest rates. Our proposed model predicts that the transition from a manufacturing-oriented economy to a service-oriented economy...

Since the beginning of the twenty-first century, independent entrepreneurial migrants from China have been increasingly flocking to Africa in search of greener pastures. This paper scrutinizes the empirical foundations of the increasingly hostile discourses of African traders regarding the...

We provide an overview of China's economic rise through time. Over the past decade, China has maintained 10% growth in GDP, albeit with a GDP per capita at the low level of a developing country. Its tremendous economic development has overlooked the growing social inequalities and rising...

In 2005 China provided duty-free access to 190 items from 25 least developed sub-Saharan African (SSA) countries. Three years later duty-free access was extended to 454 items from 31 SSA LDCs. We find no evidence that China's preferential market access program for the least developed sub-Saharan...