China
The Real “China Shock”: Political Fallout from Slowing Exports in China
As China’s export growth has slowed down over the past five years, workers have responded by taking to the streets with increasing frequency. The...
Is China’s International Joint Venture Policy Effective in Diffusing Technology?
The US administration launched a trade war against China in response to what it sees as unfair trade practices—especially the requirement that foreign firms...
How to Even Out the Pains and Gains from International Trade
The idea of creating transfer schemes to compensate the losers from international trade yet still preserve some of the gains faces a myriad of...
e-Autocracy: How Social Media Helps the Chinese State Surveil Protests and Spread Propaganda
The Chinese government has invested heavily in surveillance systems that exploit information on social media. This column shows that these systems are very effective,...
Can Credit Tightening Spur Social Unrest? Evidence from 1930s China
In 1933 the United States launched its Silver Purchase program, which raised silver prices worldwide, drained China’s silver stock, and caused credit to Chinese...
How China’s Anti-Corruption Campaign Is Moving Financing Away from State-Owned Enterprises
Are anti-corruption reforms effective in reducing economic rent seeking and constraining the influence of special interests? New research from Tsinghua University PBC School of...
Return of the State: Banking on Diplomacy
If, as California political legend Jesse M. Unruh once quipped, “money is the mother’s milk of politicians,” it’s reasonable to expect that countries might...
What Glue Holds Communist Capitalism Together in China? Cronyism
With a few cronyist tweaks, China’s communist leaders made capitalism safe for Party rule. But will cronyism become China’s next booming export?
The Chinese economy...
“We Are Arrogant – We hold On to Our Old Beliefs on the Gains of Trade”: ProMarket Interviews Bernard Yeung, Part 3
The third and final part of ProMarket's interview with Bernard Yeung, Dean of the National University of Singapore’s business school and one of the...
“In a System with Dominance, There is Built-In Resistance to Change”: ProMarket Interviews Bernard Yeung, Part 2
In the second part of his interview with ProMarket, Bernard Yeung—one of the economists who laid the foundations of scientific research on economic power...
