China was the largest and one of the most advanced economies in the world before the eighteenth century, yet declined precipitately thereafter and degenerated into one of the world's poorest economies by the late nineteenth century. Despite generations' efforts for national rejuvenation, China did n[...]

How can developing countries grow their economies? Most answers to this question center on what the rich world should or shouldn't do for the poor world. In "The Quest for Prosperity", Justin Yifu Lin - the first non-Westerner to be chief economist of the World Bank - focuses on what developing nati[...]

In June 2008, Justin Yifu Lin was appointed Chief Economist of the World Bank, right before the eruption of the worst global financial and economic crisis since the Great Depression. Drawing on experience from his privileged position, Lin offers unique reflections on the cause of the crisis, why it [...]