Catching Up to America

China's rapid rise is doubtless the most significant economic and geopolitical event in the 21st century. What has led to its rise? What does it mean for the rest of the world? When will🔸快乐10分玩法说明 overtake the US? Will the conflict between the two superpowers derail its further rise? Can🔸快乐10分玩法说明's development experience be emulated by other countries? These are some of the important questions addressed in this jargon-free, yet rigorous book. It debunks many popular explanations of🔸快乐10分玩法说明's rapid economic growth ranging from abundance of cheap labor, export promotion, demographic dividend, strong government, to mercantilist policies and IP theft. Taking a global comparative approach, this book demonstrates convincingly that the true differentiating factor making🔸快乐10分玩法说明 grow faster than other developing countries over the past four decades is the Confucian culture of savings and education. This cultural perspective yields powerful new insights into many questions regarding🔸快乐10分玩法说明's rise. Purchase your copy here.

Position: Professor of Economics; Santander Chair in Economics; Associate Dean; Director of EMBA Programme, CEIBS