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This study is one in three, resulting from an international research project on the development of manufacturing in ASEAN and the EC, and the potential for further ASEAN-EC Cooperation. The trends and their impact on structural change are analysed in the context of both the economies of ASEAN...
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This study first calculates a profit rate for China’s economy over the period 1952–2014; the rate shows a downward trend in the long term but also exhibits cyclical fluctuations. Then, structural vector autoregressive models are used to examine the Chinese economic structure and, thanks to...
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"For years, China's transformation from one of the world's poorest nations was lauded as a triumph that lifted hundreds of millions of people out of poverty. There were always questions about data reliability and growth sustainability, but the general views on China have recently taken a...
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