Since many policymakers aspire to pull their countries out of the middle-income trap and into the ranks of high-income countries, they must understand the facto

This book provides an overview of the key challenges currently faced in China and OECD's main policy recommendations to address them.

This open access book explores one of the most fiercely debated issues in China: if and how China will surpass the middle income trap that has plagued many deve

How will China reform its economy as it aspires to become the next economic superpower? It's clear that China is the world's next economic superpower. But what

Prior to the initiation of economic reforms and trade liberalization 36 years ago, China maintained policies that kept the economy very poor, stagnant, centrall