China's population is aging rapidly: the old-age dependency ratio will rise from 11 percent in 1999 to 25 percent in 2030 and 36 percent in 2050. Currently, three workers support one retiree; without reform, the system dependency ratio will climb to 69 percent in 2030 and 79 percent in 2050. The...

Modern economic development is accompanied by the structural transformation from an agrarian to an industrial economy. Since the 18th century, all countries that industrialized successfully have followed their comparative advantages and leveraged the latecomer advantage, including emerging...

In den vergangenen drei Dekaden haben die ostasiatischen Ökonomien als Gruppe ständig andere Entwicklungsregionen in ihrem Wirtschaftswachstum übertroffen. Die Autoren gehen vor diesem Hintergrund der Frage nach, inwieweit sich die Wirtschaftspolitik der ostasiatischen Regierungen von...

Rapid economic growth is often disruptive - so how has the Chinese state been able to maintain compliance from its people while pursuing an exceptionally fast social and economic transformation? This crucial question is explored through detailed analysis of the trajectories, policy rationale,...