What are the sources of the well-known differences in the performance of capitalist and socialist economic systems? Peter Murrell argues that the Schumpeterian model has far more power to answer this question than does the neoclassical theory generally used for that purpose. The…
"Beginning with a survey of China's economic reform progress, the author quantitatively measures China's trade performance and the comparative advantage for tradable-good-producing industries over the reform period. To assess resource allocation efficiency, the commodity pattern…
This book outlines the process of China's trade reforms over the past two decades and assesses the impact of these reforms on the economy. The author provides a detailed quantitative analysis to trace China's evolving commodity pattern of trade and changing comparative advantage…
The spectacular growth of China's foreign trade in recent years has been attributed to its recent economic reforms and open door policies. This book outlines the process of China's trade reforms over the past two decades, and assesses their impact.
"Beginning with a survey of China's economic reform progress, the author quantitatively measures China's trade performance and the comparative advantage for tradable-good-producing industries over the reform period. To assess resource allocation efficiency, the commodity pattern…