Towards high growth economies

Transformational lessons from China (and other countries)

High Growth Economies
By Khalid Malik

In 2008 China marked the 30th anniversary of its reform and opening up. By any standard China has done remarkably well. The 30 year reform period presents a remarkable study of progress of the largest developing country in the world. Not only has been growth been rapid – some 9 percent per annum in GDP per capita since 1979/80, but this growth has been accompanied by dramatic improvements in the lives of people. The Chinese people are wealthier, better educated and healthier than they have ever been.