Lee, John
July 2009
Forbes Asia;7/13/2009, Vol. 5 Issue 12, p58
In this article, the author argues against the widely held view that China is a successful model of economic authoritarian development. He cites the example of other Asian countries including Japan, South Korea, and Taiwan and suggests that the key factor in the success of these economies was the development of the private sector. He indicates that China's state sector is dominant, but its investments are not generating returns. The author predicts that China's future will more closely resemble that of Russia or Brazil than Japan or Taiwan.


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