„Learning from China. Do what they do, not what they say” – CIR’s comment

The Chinese economy grew by a factor of thirteen between 1980 and 2010. It is still growing by more than 6% per year. China is justifiably proud of this accomplishment and Chinese economists should be strutting across the global policy stage alongside Chinese exporters, offering sage insights to all comers. The problem is that Chinese economists have not formulated a distinctively Chinese approach to understanding growth and development in their own country – writes Prof. Salvatore Babones (University of Sydney) in CIR’s comment „Learning from China. Do what they do, not what they say”.

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