I discuss the nature of the economic reforms in China during the last quarter of a century in the context of a typology of economic systems, emphasizing the interaction between economic and social mechanisms. I also consider China's options for further reforms. I focus on economic reforms that...

A society is composed of different socio-economic groups. At a given time, individuals in the society can be classified into different such groups. With the change of time, individuals can move across different groups. Social mobility is viewed as an aggregation of such individual movements...

I analyze structure and function in the network design of historical regimes of China and Western Europe to build a theory for the development of societies and states from endogenous mechanisms of social change. I show how their respective network structures evolved independently but share a...

Academic freedom has been suppressed at various times through history. By analyzing a unique dataset, we demonstrate that the purge of China’s most eminent scholars during the Cultural Revolution was highly selective, targeting those in the humanities and social sciences who either failed to...

This paper aims to depict the post-Second World War poverty and inequality trends in Asia, its sub-regions, and individual economies. Efforts are made to explain these trends and explore the interrelationship between growth, poverty, and inequality in Asia. Analytical results confirm significant...

Defining the 'global middle class' as being neither poor nor rich in the developed world, we estimate the size of the global middle class in China and 33 other countries and analyze China's expanding middle class in international perspective. China's global middle class has grown rapidly and has...

Defining the ‘global middle class’ as being neither poor nor rich in the developed world, we estimate the size of the global middle class in China and 33 other countries and analyze China’s expanding middle class in international perspective. China’s global middle class has grown rapidly...

Defining the 'global middle class' as being neither poor nor rich in the developed world, we estimate the size of the global middle class in China and 33 other countries and analyze China's expanding middle class in international perspective. China's global middle class has grown rapidly and has...

In this chapter, we focus on the development of the peer-to-peer (“P2P”) lending industry in China. As a modern borrowing platform, peer-to-peer lending allows clients to obtain funding from peer lenders for a multitude of loan purposes, including credit consolidation, personal purchases,...

This paper investigates the traits of the self-employed entrepreneurs in urbanChina, an economy rife with informational and institutional imperfections, underdevelopedfinancial markets, but a growing and important non-state sector. The selfemployedmake on average 20% more than non-entrepreneurs,...