Allen, Franklin; Qian, Jun; Qian, Meijun
The spectacular economic growth in China in the past four decades has inspired a large strand of research to understand China's unconventional growth path. This paper focuses on the recent development of China's institutions, financial markets, innovations and government-business relations in the context of their roles in supporting China's growth. The government's role in finance and the economy has advantages and disadvantages as compared to developed markets in the West. Alternative...[Show more]
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