given to the re-emergence of the Asian giants, the People's Republic of China (PRC) and India. Both countries have attained …

From the Middle-Income Trap to the Threshold Effect -- How Does China Avoid “Secular Stagnation? -- Establishing a New … productivity improvement and innovation momentum; gives full play to China's super-large market advantages, attractiveness and …

Two schools of thought have emerged to interpret China's rapid growth. The experimentalist school attributes the … school holds that China's successes comes from its institutions being allowed to converge with those of non …-socialist economies, and that China's economic structure at the start of reforms is a major explanation for the rapid growth. China …

China's reform worked and produced one of the most impressive growth in the largest developing and transition economy … in the world in the past twenty-two years. That China has managed to grow so rapidly despite the absence of many … initial conditions and to function as stepping stones in the transition toward the goal. Underlying China's reform is a series …