A dragon on steroids -- "Don't worry, be happy" -- Genesis of a new system -- Let there be savings! -- Power begets power -- In a Confucian America -- The dragon's fey friend -- A few good Confucians -- Globalism or democracy?

The rise of the Arab world and China are part of the same story, once trading partners via the Silk Road. It isn't a coincidence that Arab traders have returned to China at the same time that China is fast regaining its share of the global economy. This is a breakthrough account of how China is...

Preliminary -- Contributors -- 1. China: New engine of world growth -- 2. The impact of SARS -- 3. The travails of current macroeconomic and exchange rate management -- 4. The changing pattern of economic growth -- 5. Transforming the banking sector -- 6. Financial opening and economic growth: A...