This paper studies growth patterns in Emerging Market Economies (EMs) from the perspective on clusters and taxonomies. First, it documents developments over the past five decades in EMs and uses a cluster analysis to better understand convergence and the investment-growth nexus. Second, it looks...

Whether China continues its business-as-usual investment-driven, environment-polluting growth pattern or adopts an investment and innovation-driven, environmentally sustainable development holds important implications for both national and global environmental governance. Building on a...

After more than 30 years of rapid growth, China's economy is increasingly faced with the bottleneck brought about by resources and environment. To achieve a sustained economic growth, more attention should be paid to the safety of the arable land, fresh water, energy, and other important...