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...

The purpose of this paper is to develop a testable theory, the interaction thesis, capable of explaining why do we observe differences in economic stability and growth rates between various countries; or - the same thing - why less efficient countries do not duplicate economic policies of more...