"The world made significant progress on reducing poverty between 1981 and 2001 — the number of people in developing countries living on less than US$1 a day fell from 1.5 billion to 1.1 billion, or from 40 to 21 percent of the world's population. In fact, however, nearly all this progress...

Special economic zones can be an effective instrument to promote industrialization if implemented properly in the right context. In China, starting in the 1980s, special economic zones were used as a testing ground for the country's transition from a planned to a market economy, and they are a...