One of the core assumptions of recent American foreign policy is that China's post-1978 policy of "reform and openness" will lead to political liberalization. This book challenges that assumption and the general relationship between economic liberalization and democratization. Moreover, it...

There have been a lot of studies on FDI and the determinants for its flow. It is normally argued that low capital-output ratio and high labour productivity are the two attractive reasons for the flow of foreign direct investment. It is also commonly held that high wage is a deterrent to the flow...