Development, Education and Fixed Assets

The Three Reforms China Must Enact: Land, Social Services, and Taxes

Harvard Business Review

NOVEMBER 6, 2013

Failure to present a groundbreaking new vision risks leaving in place old economic drivers, especially the over-reliance on fixed-asset investment, that have created serious challenges such as China’s “ghost cities” and high levels of local government debt.

GDP

GDP Fixed Assets Globalization Survey

China’s Growth: A Brief History

Harvard Business Review

DECEMBER 9, 2015

Yet the determinants of its successful development are far from established or well understood. What about spillover gains tied to foreign direct investment, joint ventures, and other ties to developed countries? There was also a slowdown in TFP after the mid 1990s. In 2005, the OECD estimated that annual TFP growth averaged 3.7%

GDP

GDP Human Capital Fixed Assets Efficiency

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The Three Reforms China Must Enact: Land, Social Services, and Taxes

China’s Growth: A Brief History

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