The purpose of this paper is to study the issue of macroeconomic control in China. The investigation is conducted within the context of an endogenous growth model that incorporates the major institutional features of the transforming Chinese economy.

In spite of the difficulties incurred by its people, Cuba has maintained a centrally planned economy with single party system. On the contrary, Vietnam has introduced a market economy under communist rule, and succeeded in generally improving living standards. The factors that contributed to the...

Notwithstanding its sometimes negative international image, the Philippine economy has been performing well in recent years. The country is currently experiencing its longest period - five years - of uninterrupted positive per capita economic growth since the 1970s. The key to the recent success...