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China is undergoing its long-awaited industrial revolution. There is no shortage of commentary and opinion on this … the creation and nurturing of a continually growing market in China is based on this premise: The free market is a public … and the correct sequence of developmental stages; China has been successfully accomplishing its industrialization through …
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This paper examines how party dominance affects elected politicians’ quality, measured by their career path. Politicians’ career is divided between political and technical or administrative posts. To examine the relationship between party dominance and career path, I use data from the...
Persistent link: https://www.econbiz.de/10014119979
Individuals dominate money in politics, accounting for over 90% of federal campaign contributions, yet studies of individuals' giving patterns are scarce. We construct a new dataset to examine all of the contributions made between 1991 and 2008 by all 2,198 people who served as S&P 500 CEOs for...
Persistent link: https://www.econbiz.de/10013112476
The current Chinese development model is nearing its limits. The World Bank has cautioned that China could find itself … in a “middle-income trap”. China recognizes that it must dramatically increase its capacity for innovation to avoid this … trap. This chapter provides an introduction to the enormous complexities and challenges that China faces in transforming …
Persistent link: https://www.econbiz.de/10012997380
There has always been a debate on the roles of government and market for economic growth and development. Economic development encompasses more than just growth; it seeks the betterment of the standard of living and higher Human Development Index. There is no single strategy that would be...
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