Analysis
Economic theory
How IMF policies helped oligarchs loot Russia – lessons for China and other countries
In 1992-98 the greatest peacetime economic collapse in a major country since at least the Industrial Revolution took place in Russia under the impact ...
Read More Why Adam Smith’s ‘classical theory’ correctly explained Asia’s growth
The growth of Asia’s rapidly developing economies is a vital practical issue for the living standards of billions of people and a decisive test of ...
Read More To become a high income economy China needs to study facts not myths
Unfortunately some discussion in the media of how China can become a 'high income' economy fails to follow the fundamental Chinese saying ‘seek truth from ...
Read More The limits of RMB internationalisation
The dollar's domination of the international monetary system, and the 'exorbitant privilege' it gives the US, to use the phrase of leading US monetary economist Barry ...
Read More A Copernican Revolution in Western economics & China’s supply side reform
Every 4th May is National Youth Day in China. In 2016 I was invited on that day to deliver a lecture to Chinese young economists on how developments in ...
Read More Why Chinese neo-liberals are forced to falsify world history
China's economic discussions are the most advanced in the world - for anyone who follows them what passes for 'economic debate' in most of the ...
Read More Reality & myth of the US ‘internet revolution’
China is speeding up still further its ‘internet revolution.’ From the viewpoint of China’s overall economic strategy premier Li Keqiang has launched the concept of ...
Read More The global significance of China’s discussion on the economy’s ‘supply side’
A major discussion is taking place in China on the issue of its economy’s ‘supply side’. Naturally there are aspects of this which relate ...
Read More Deng Xiaoping – the world’s greatest economist
August 22, 2014 was the 110th anniversary of the birth of Deng Xiaoping. Numerous achievements would ensure Deng Xiaoping a major position in China's history ...
Read More Why do Western economies have hard landings but China doesn’t?
IntroductionThe media outside China periodically carries predictions of a China ‘hard landing’. For example George Soros grabbed headlines earlier this year by declaring of China: ...
Read More