Gradual change has been a hallmark of the Chinese reform experience, and China's success in its sequential approach makes it unique among the former command economies. Since 1979, with the inception of the continuing era of reform, the Chinese economy has flourished. Growth has averaged nine...

This paper studies the contribution of schooling to rural income in China during factor market liberalization between 1986 and 1995. The relaxation of controls permitted farm households to reallocate productive inputs from agriculture to nonagricultural activities. It is hypothesized that...

Myrdal did not cover China in his Asian Drama. If he did, he would have been most likely pessimistic about China, as he was about other Asian countries in his book. However, China has achieved miraculous growth since the transition from a planned economy to a market economy at the end of 1978....