Using a strategy of export-led growth and an activist industrial policy, Japan, the Asian Tigers and more recently China have attained high rates of economic growth. Export-led growth has taken over the status as model for developing countries' economic development from the formerly prevailing...

Following its opening to trade and foreign investment in the mid-1980s, Mexico’s economic growth has been modest at best, particularly in comparison with that of China. Comparing these countries and reviewing the literature, we conclude that the relation between openness and growth is not a...

Chinese cities are increasingly using digital technologies to address urban problems and govern society. However, little is known about how this digital turn has been implemented. This study explores the introduction of digital governance in Shenzhen, one of China’s most praised smart cities....

This book offers a detailed account of how the Chinese real estate market actually operates in practice, from both legal and business perspectives. My goals are twofold. First, I seek to establish and describe how the Chinese real estate market, with so few written laws, actually functions. How...

Even before the onset of the 2008 global financial crisis and ongoing European debt crisis, much attention has been given to the re-emergence of the Asian giants, the People's Republic of China (PRC) and India. Both countries have attained unprecedented growth and economic development-PRC and...

Even before the onset of the 2008 global financial crisis and ongoing European debt crisis, much attention has been given to the re-emergence of the Asian giants, the People's Republic of China (PRC) and India. Both countries have attained unprecedented growth and economic development — PRC...

We construct a new database of spatial relations between industrial firms and development zones using the Application Programming Interface (API) addressing and document the development zones' spillover effect on firms' Total Factor Productivity (TFP). Development zones significantly improve the...

This paper explores the dynamic of investment governance from the perspective of Diaspora investment governance in an island economy in China. It is not a study of investment governance as understood in the conventional developed sense. The study took place in a system absent of business angel,...

Despite an emerging literature on political determinants of economic performance in China, little is known about whether standing committees of the Communist Party, an institution of collective leadership, matters for economic development. Using Chinese provincial level data for 1997-2011, we...

This paper argues that both openness and poverty in a country are endogenously determined by the country’s long-term economic development strategy. Development strategies can be broadly divided into two mutually exclusive groups: (i) the comparative advantage-defying (CAD) strategy, which...