The Great Leap Forward (GLF) disaster, characterized by a collapse of grain output, and the associated famine in China …

development. Evidence from the failed Industrial Revolution in 14th-century China illustrates the empirical relevance of the …

In 1994, China began a profound reform of its state-owned enterprises (SOE). We first describe and characterize this …

This Paper studies growth and inequality in China and India – two economies that account for a third of the world … countries. For personal income inequalities in a China-India universe, the forces assuming first-order importance are …

worked in product and labour markets in China’s economic reform in practice. …

China’s reform worked and produced some of the most impressive growth in the largest developing and transition economy … in the world in the past twenty-two years. That China has managed to grow so rapidly despite the absence of many … initial conditions and to function as stepping stones in the transition toward the goal. Underlying China’s reform is a serial …

How much of China’s recent economic performance can be attributed to market-oriented reforms introduced in the last two … Paper compares the integration of rice markets in China today and 270 years ago. In the 18th century, transport technology … pattern of interregional income in China is strongly linked to persistent geographic factors that were already apparent …

This Paper reviews the controversy over China’s exchange rate regime. Placing the issue in the context of the … literature on exit strategies, it argues that now is the best time for China to exit from its peg. Moving to a managed float …

Our paper is an attempt to define the contours of the right macroeconomic strategy for China. In a nutshell, we believe …