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China's rapid economic growth has been driven by high rates of investment, gains in productivity, and liberalized foreign trade and investment. China's growth is likely to continue, but the Chinese economy faces some possibly unsustainable pressures
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While it is generally accepted that change in the real value of the dollar is an important determinant of exports, it has not been rigorously demonstrated that this relationship, derivable from theory, holds empirically for agricultural exports and the components of agricultural exports....
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In this paper, arguments and evidence is presented which leads the author to conclude that the structure and imperfections of the financial markets does influence the course of economic growth. In particular, it is concluded that due to a monopoly structure in rural banking, an agricultural...
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