State business climate indexes capture state policies that might affect economic growth. State rankings in these indexes vary wildly, raising questions about what the indexes measure and which policies are important for growth. Indexes focused on productivity do not predict economic growth,...

State business climate indexes capture state policies that might affect economic growth. State rankings in these indexes vary wildly, raising questions about what the indexes measure and which policies are important for growth. Indexes focused on productivity do not predict economic growth,...

Economic transition and the case of China -- Non-state sectors policies, 1978 to the present -- Managing elite conflict and policy cycles -- Installing technocratic young leaders -- Selective and showcase liberalization -- Extending the open policy -- Provincial reform initiatives -- Divergent...