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David Lampton presents a wide-ranging analysis of the macro-economic strengths and potential weaknesses of China since 2008. He argues that China’s has a strong foundation for economic growth in the near and medium-term and suggests multiple reasons for this conclusion. He notes that this...
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Using simple statistical analysis of county-level budgetary data from across all of China's counties, the present paper examines whether the post-1994 fiscal decentralization has affected redistribution at the county-level. The new fiscal system has been less able to narrow inter-county...
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In this paper we investigate the introduction of an export tax on steam coal levied by an individual country (Australia), or a group of major exporting countries. The policy motivation would be twofold: generating tax revenues against the background of improved terms-of-trade, while CO2...
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A great challenge for capitalist development under authoritarian regimes is to effectively constrain predatory behavior. Beyond existing frameworks of the dictator's time horizon and institutionalized power sharing, we introduce an alternative perspective - elite cleavage. We argue that the...
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