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The current Chinese development model is nearing its limits. The World Bank has cautioned that China could find itself … in a “middle-income trap”. China recognizes that it must dramatically increase its capacity for innovation to avoid this … trap. This chapter provides an introduction to the enormous complexities and challenges that China faces in transforming …
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China's fast growth has been accompanied by rising regional inequality, triggering debate over a policy trade …-off between aggregate growth and equity. We set out a three-region model of China in which local government behavior affects local …
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necessary for authorities in the People’s Republic of China (PRC) to consider an approach that would further attune its economic …
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The paper offers a novel explanation for China’s manufacturing exports performance after WTO entry. Building on … conjunction with China’s WTO accession, and examines its effect on China’s exports to the EU. The results reveal that: (i) the … structure of China’s export boom to the EU conforms to the pattern of US tariff uncertainty; (ii) the adjustment takes place at …
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