The Razor’s Edge
Just 20 years ago, China was among the world’s poorest countries, with 80 percent of the population living on incomes of less than $1 a day. Since China launched its economic reform program in 1978, its transition from a centrally planned to a market-based economy has fueled one of the world’s highest growth rates. Most often, a movement to market is about a devolution of … [ Read more ]
Content: Article | Author: Alwyn M. Young | Source: “Capital Ideas” | Subject: International – China