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herald cities with their industrial bases as “engines of growth,” does industrialization in fact drive urbanization? While … industrialization correlate only weakly with changes in urbanization. This suggests that policy and institutional factors may also … influence the urbanization process. In fact, the relationship between industrialization and urbanization is absent in Sub …
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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...
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