Opportunities and challenges in China's economic development -- Why the scientific and industrial revolutions bypasses China -- The great humiliation and the socialist revolution -- The comparative advantage-defying, catching-up strategy and the traditional economic system -- Enterprise...

In June 2008, Justin Yifu Lin was appointed Chief Economist of the World Bank, right before the eruption of the worst global financial and economic crisis since the Great Depression. Drawing on experience from his privileged position, Lin offers unique reflections on the cause of the crisis, why...