This paper examines China and Africa co-operation from the angle of structural transformation as a major driver of growth and job creation. Being a bit ahead in the structural transformation process, China can provide ideas, tacit knowledge, opportunities as well as development finances in...

Against the backdrop of anti-globalization rhetoric, this paper summarizes our joint book entitledGoing Beyond Aid (Lin and Wang, 2017a) and discusses the prospects for development finance inthe broad context of Belt and Road Initiative (BRI). Based on the New Structural Economics (Lin,2010; 2011),...

Developing countries have for decades been trying to catch up with the industrialized high-income countries, but only a few have succeeded. Historically, structural transformation has been a powerful engine of growth and job creation. Traditional development aid is inadequate to address the...