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China has good institutions?

October 31st, 2007

So says Robert Samuelson in his Washington Post review of Farewell to Alms.

“More important, China’s recent, astonishing expansion (a fact that he barely mentions) demonstrates that economic policies and institutions matter.”

News to me.

This entry was posted on Wednesday, October 31st, 2007 at 11:33 am and is filed under farewell to alms, uc davis econ.

2 Responses to “China has good institutions?”

  1. Gabriel M. Says:
    October 31st, 2007 at 12:00 pm

    Maybe good institutions for GDP growth. Bad institutions for actually living as a human in that country. The two are not, theoretically speaking, mutually exclusive, I think…

  2. pushmedia1 Says:
    October 31st, 2007 at 2:06 pm

    Well, I’ve argued that China grows despite its poor institutions.