Fu, Xiaolan; Balasubramanyam, V. N. - In: The World Economy 28 (2005) 4, pp. 607-625
This paper analyses the growth of production and employment in China during the period 1978 to the early 1990s. It argues that the Chinese experience with export-led growth provides an excellent case study of the phenomenon of a vent for surplus resources provided by exports, identified by Adam...