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The recent experience of infrastructure investment in the People's Republic of China (PRC) suggests an intertwined … relationship between investment, urbanization, and economic growth. In one mechanism, urbanization generates demand for … productivity. Another mechanism emphasized in this paper is that infrastructure investment can promote urbanization through …
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Today more than half of the 7 billion inhabitants of the planet live in urban areas, with this share expected to keep rising. Whereas in developed countries urbanisation has been a long and slow process, in developing countries this process is now characterised by a really fast pace and a high...
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From the long-term threat of nuclear war between the United States and China, to the disappearance of the African … elephant due to Chinese demand for ivory, each week brings a new round of critique and denunciation of the risks China poses to … challenges these views in this updated edition, with an incisive review of China's economic strategy, deployment of resources …
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