This paper discusses a possible case for industrial policy, with special reference to the two emerging global giants, China and India. It begins with a clarification of the meaning of industrial policy, since not only does the term mean different things to different people, but the traditional...

Natural Conditions and Foundation of the Chinese Economy -- Historical Development of Chinese Economy (Before 1949) -- Economic Development and Exploration of New China (1949-1978) -- Reform and Transformation of China’s Economy (after 1978) -- Economic and Social Development in China since...

This is the third and final paper in a three-part series exploring the decision-making process in China. Presenting reform as a holistic system consisting of economic, political, cultural, social and ecological subsystems, President Xi Jinping introduced a top-level design as the theoretical...