In recent years, more market economies have begunemerging throughout Southeast Asian countries, such as China, India, andVietnam.Often, economic reforms have acted as the catalysts for thesechanges, resulting in the rapid entry of many new firms.However, thesenew firms still face many barriers...

China's reform worked and produced one of the most impressive growth in the largest developing and transition economy in the world in the past twenty-two years. That China has managed to grow so rapidly despite the absence of many conventional institutions such as rule of law and secure private...