The political economy of trade liberalisation in China
Economists have long understood that economic policies are determined in the political market. Research on the political process of policy formation is essential to predict future policy directions. This paper focuses on China, the largest transitional economy in the world, and the political economy of its trade liberalisation. Under its opening-up policy and foreign pressure for market access, China has pushed for trade liberalisation. Its infant industry strategy, however, conflicts with its...[Show more]
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