Pt. 1. Fitoussi lecture. Economics and China's economic rise / Wu Jinglian -- pt. 2. Perspectives of the Chinese economy. China's investment and GDP growth boom : when and how will it end? / Dwight H. Perkins ; Six systemic reforms with which China must press ahead / Lou Jiwei ; When demographic...

List of tables -- List of figures -- Comparative analysis -- The five phases of economic development and institutional evolution in China, Japan and Korea / M. Aoki -- Social organizations, risk sharing institutions and economic development / A. Greif, M. Iyugun & D. Sasson -- Before and beyond...

This paper proposes an analytical-cum-conceptual framework for understanding the nature of institutions as well as their changes. First, it proposes a new definition of institution based on the notion of common knowledge regarding self-sustaining features of social interactions with hope to...

China has enjoyed a higher growth rate for a longer period than any other nation to date. This volume brings together leading economists to analyse this unprecedented economic boom, and discuss prospects for the future. Chapters address a wide range of issues, covering not only financial...