This paper seeks to analyse the relationship between functional distribution of income, aggregate demand and growth in Chinese reform economy. For this purpose the Bhaduri-Marglin Model is used, stating the theoretical possibility of both profit-led and wage-led growth regimes. Subsequently, the...

The objective of this paper is to assess the role of FDI in China’s economic development with reference to the broader literature on FDI and late development. Three main findings come out from the analyses in the paper. First, it is found that FDI tends to promote the improvement in...

This paper examines the relationship between firm-level technological development and enterprise performance in the Mozambican manufacturing sector. It does this on the basis of primary data collected for two industries–metalworking and light chemicals–and the triangulation of...

This paper represents a theoretical contribution to the analysis of international capital flows. It outlines an alternative theoretical framework based on Post-Keynesian monetary theory, and in particular on Hyman Minsky’s Wall Street paradigm and concept of Money-manager capitalism and...

We analyse the rate and determinants of adoption of modern rice varieties (NERICAs) in Guinea, The Gambia and Cote d'Ivoire. The role of knowledge and information is evaluated using programme evaluation methods. Using household data collected by the Africa Rice Centre we show that the exposure...

This paper assesses the attempt by Justin Lin, former Chief Economist of the World Bank, to posit a new development paradigm through his New Structural Economics, NSE. Lin’s attempt to redefine development economics deserves scrutiny for at least two reasons. He launched his new framework...

The economic prosperity associated with the Coastal regions of China has not 'trickled' down to the Western and Central regions sufficiently enough to eliminate the disparities in income between the regions. Indeed, the disparities between China's Coastal regions and its other regions continue...

Assumptions applied in Orthodox Economic methods are criticised for being an inadequate depiction of reality. This is particularly the case from the perspective of Feminist Economics. Gender biases are reflected in the quantitative data sources and methods commonly applied for economic research....

China’s sustained rapid economic growth over the era of its systemic reform is of general importance for late development under globalization. This paper seeks to construct an explanation of the experience, which centers around the notion of an evolving “regime of accumulationâ€,...

In a recent paper Dollar and Kraay come to sweeping conclusions about economic growth and the poor. On the basis of the empirical work they assert that standard World Bank and IMF policy packages are good for the poor. This critique demonstrates that (i) the empirical work is based on...