Analysis

Economic theory

To become a high income economy China needs to study...

​Unfortunately some discussion in the media of how China can become a 'high i...

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The limits of RMB internationalisation

The dollar's domination of the international monetary system, and the 'exorbi...

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A Copernican Revolution in Western economics & C...

Every 4th May is National Youth Day in China. In 2016 I was invited on that d...

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A damaging confusion in Western economics books

Economics textbooks, particularly when discussing Keynes, frequently contain ...

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Why China won’t suffer a Western type financia...

Inaccurate articles sometimes appear claiming China faces a "severe debt cris...

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Deng Xiaoping & John Maynard Keynes

Introduction​The international importance of China’s economy is twofold. The ...

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Europe’s crisis & the Euro – predic...

IntroductionThe following article, published in September 1996, that is prior...

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China is right to maintain & tighten capital con...

​During 2017 China has been tightening its capital controls to prevent any ex...

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Why the economic reform succeeded in China & wil...

This article was written in April 1992 and originally published in Russian in...

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Why do Western economies have hard landings but Chin...

​IntroductionThe media outside China periodically carries predictions of a Ch...

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