11.157J / 15.239J / 11.257, 15.2391
China's Growth: Political Economy, Business, and Urbanization

Examines different aspects of the growth of China, which has the second largest economy in the world. Studies the main drivers of Chinese economic growth and the forces behind the largest urbanization in human history. Discusses how to understand China's booming real estate market, and how Chinese firms operate to attain their success, whether through hard-working entrepreneurship or political connections with the government. Explores whether the top-down urban and industrial policy interventions improve efficiency or cause misallocation problems, and whether the Chinese political system in an enabler of Chinese growth or a potential impediment to the country's future growth prospects. Students taking graduate version complete additional assignments.