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The paper provides a political economy theory of the Kuznets curve. When development leads to increasing inequality, this can induce political instability and force democratization on political elites. Democratization leads to institutional changes which encourage redistribution and reduce...
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changes in China today, the book is organized into four broad parts to discuss China's economic development, to analyze … government of China on economic reform and important economic policies and cooperated with the Ministry of Education to introduce … and promote the development of modern economics in China, including training hundreds of economists in China and placing …
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Evidence-based economic policies - pragmatic policies that work - played a major role in Asia's success in raising its living standards in the last half century. However, growth prospects are now threatened by rising income inequality and environmental degradation if Asia continues on its...
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