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Since the 1990s, cross-strait production cooperation has strengthened in conjunction with the development of Taiwanese investment in the Mainland. This paper first investigates the formation of cross-...
One of the tasks that a transition economy faces as it moves from a system of state-owned enterprises (SOEs) and central planning to one that relies on market competition among privately owned firms, ...
Human trafficking is a serious crime that consists of slavery in modern forms all over the world. Despite the rapid economic growth in China during the past few decades, the situation of human traffic...
Although relations between the United States and China during the 20th and 21st centuries have varied from respect and praise to disenchantment and censure, the people of both nations have maintained ...
Over the past decade, the federal government of the United States has eliminated or substantially reduced the regulation of price and entry in domestic aviation, trucking, railroads, interstate buse...
China’s leaders understand the basis for Hong Kong’s stability and prosperity. In particular, they recognize that the adoption of Hong Kong’s institutional and policy mix would go a long way toward ...
In the span of 10 years since China opened her doors to the world, economic changes have taken place of a magnitude and speed that are simply awesome. Remembering what China was like a mere decade ...
The momentous changes occurring in China support Steven Cheung’s concern with the collision course of economic liberalization and the incentive of China’s nomenklatura, or ruling elite, for maintai...
The Path toward Freedom The rise of democracy in South Korea and Taiwan attests to the power of the market in generating political liberalization. Both countries have moved from closed, authoritari...
China’s transition from a planned economy to a market economy began atthe endof 1978.When China startedthe process,the government did not have awell-designed blueprint. The approach to reform can b...
China’s Grand Illusion China’s goal of building a ‘‘socialist market economy’’ is a grand illusion. The market and its supporting institutions, notably private property and the rule of law, cannot ...
For most of its existence, the People’s Republic of China has essentially been free of open inflation. Rigid controls kept official prices of many goods virtually unchanged for decades before econom...

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