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China presents several macroeconomic patterns that appear inconsistent with standard stylized facts about economic development and hence inconsistent with the standard neoclassical growth model. We sh...
Deals with China's World Trade Organization (WTO) accession as a catalyst for full capital account convertibility. Implications of WTO membership for capital account liberalization; Review of China's ...
Deals with the factors China should consider to achieve capital account convertibility. Incident that led to the emergence of such approach; Benefits from capital account liberalization; Analysis of l...
Deals with the impact of China's World Trade Organization accession on its domestic and international capital markets. Overview of the international aspect of China's capital flows; Challenges facing ...
The article addresses the major questions posed by the U.S.-China Commission at its hearing on "China's Financial System and Monetary Policies" held on August 22, 2006. China will be able to achieve l...
Discusses the impossibility for China to create viable socialist capital markets. Other efforts of the state aimed to create a modern economy and increase standard of living; Impact of the World Trade...
People's Republic of China: Economic Performance and Prospects .
The paper proposes a poverty reduction index demonstrating that the selection of growth policies should be to maximize the sum of income and inequality effects. The empirical results indicate that eco...
Aggregate domestic investment in People’s Republic of China is empirically modeled using quarterly data for the period 1994-2001. The total investment is disaggregated into two parts: business sector ...
Despite the People’s Republic of China’s (PRC) remarkable economic growth, improvements in population health outcomes slowed during the reform period. Along with increasing commercialization of the ...
Since the 1980s, income disparity has increased significantly in the People’s Republic of China, largely as a result of widening urban–rural income gaps. The urban–rural inequality stems from the du...
This paper estimates income inequality in the People’s Republic of China at the national, regional, and provincial levels using extrapolated unit-level household income data covering urban and rural...
Despite remarkable achievements in fighting poverty in the past three decades, numerous challenges remain for the People’s Republic of China. The country’s antipoverty efforts are in a key phase of ...
This paper establishes a theoretical framework addressing the long-debated issue of efficiency and equity. Empirical evidence shows that a comparativeadvantage- following development strategy promot...
This paper examines the policy implications of adopting a development strategy anchored on inclusive growth for the People’s Republic of China (PRC). In response to rising inequality, more and more ...

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