The relationship between workers’ participation in management and firm performance is open todebate in economic theory. There has not yet been any empirical study on this subject regarding China. Theauthor uses panel data of large and medium-sized industrial enterprises in China’s...

<DIV>Most discussions of the global financial crisis take the United States as their focus, both for analyzing what went wrong and for making plans to avoid similar mistakes in the future. But that may not be the case next time: as Minq Li argues convincingly in <I>China and the Twenty-first-Century...</i></div>

This paper discusses the interplay between the rise of China and India in the world economy and the global climate emergency. It considers alternative growth scenarios for China and India. The results show that, to meet their respective global climate obligations, both China and India need to...

Under the current trend, the world is on track towards an extreme greenhouse state that threatens to destroy human civilization and nearly all forms of life on Earth. Without an end to economic growth, it is virtually impossible for meaningful climate stabilization to be achieved. However, both...

type="main" xml:lang="en" <title type="main">ABSTRACT</title> <p>This contribution evaluates the geopolitical and technical issues involved in climate stabilization and discusses alternative technical paths towards the required emission reductions in the US, China and the world. There are no plausible scenarios in which...</p>

This volume presents a collection of essays honoring Professor Thomas E. Weisskopf, one of the most prominent contributors to the field of radical economics. Beginning his academic career at Harvard before moving to the University of Michigan at Ann Arbor, Professor Weisskopf has spent the past...

This paper argues that China's current model of development led by exports and investment is not sustainable for economic, social, and environmental reasons. The accumulation of economic, social, and environmental imbalances could potentially lead to a major crisis for China and the global...

This paper examines certain structural macroeconomic relations in the neoliberal global economy. The current global economy rests upon three unsustainable trends: the debt-driven U.S. consumption expansion; China’s excessive investment expansion; and the large and rising U.S. current account...

China’s enterprise reform has resulted in large-scale layoff of workers from state and collective owned enterprises. Mainstream Chinese economists argue that many of the workers in these enterprises are “disguisedly unemployed” and have to be laid off to achieve better economic...