Excerpt

New Institutions for a New Development Model. Dwight H. Perkins, July 2013, Book Chapter. "If China’s economy and per capita income is to continue to catch up to the levels of the world’s high-income economies, China will require a different approach from the model that has dominated its extraordinary development over the past three plus decades. The model of the past in essence involved three basic components during these three decades, and a fourth component during the most recent decade. The first component involved the dissolution of  the Soviet-style system of centrally planned command economy and.." Link