Recently, the role of returnees in the economic development of various East Asian nations has received much attention. The early literature on the relocation of the most highly trained individuals from a developing nation to a developed nation viewed the phenomena as a “brain drain.” Since...

Cover -- Contents -- Acknowledgments -- List of Abbreviations -- Introduction: An Invention of My Own -- 1 The White Knight Avoided: Economic Reforms and Innovation for Growth in China -- 2 Rules of the Run: The Politics of China's Institutions of Innovation -- 3 Beijing -- 4 Shanghai -- 5...

Few observers are unimpressed by the economic ambition of China or by the nation's remarkable rate of growth. But what does the future hold? This meticulously researched book closely examines the strengths and weaknesses of the Chinese economic system to discover where the nation may be headed...