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Review of Thomas Orlik, China: The Bubble that Never Pops

Oxford University Press, May 2020.As much as China's crash has been predicted, someone needed to explain why it hasn't happened. And no one could be more credible in doing so than Tom Orlik who has...

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Review of Raul Fabella, Capitalism and Inclusion under Weak Institutions

published by the University of the Philippines, Center for Integrative and Development Studies, 2018. pdf downloadThe lackluster development performance of the Philippines over the span of many decades...

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On China As a Model for the Philippines (Fabella Review Addendum)

In the book Capitalism and Inclusion under Weak Institutions, reviewed in a previous post, author Raul Fabella points to a lack of social coherence in the Philippines as undermining economic progress...

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Review of Keun Lee, The Art of Economic Catch-Up

Cambridge University Press, 2019 (RePEc).The received image of catch-up growth has developing countries following steadfastly along a path trodden by their predecessors. Keun Lee, professor of...

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Review of Isabella M. Weber, How China Escaped Shock Therapy

Routledge, May 2021.Isabella M. Weber’s “How China Escaped Shock Therapy” is a painstakingly researched but fundamentally flawed account of one key thread of the economic reform debates that took place...

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