DIC LO is Senior Lecturer in Economics and Chair of the Centre of Chinese Studies at the School of Oriental and African Studies, University of London, UK. He is also Co-Director of the Center of Research in Comparative Political Economy at the Renmin University of China. His research focuses on Chinese economic transformation, East Asian economic institutions and development, and comparative political economy. He is the author of Market and Institutional Regulation in Chinese Industrialization, 1978-94 and China's Transformational Growth: A Structural-Institutional Analysis.

• Overview Theoretical and Policy Doctrines Efficiency and Efficient Institutions The Division of Labour and Institutions The East Asian Phenomenon The China Paradox The Economics of Transition Feasible Socialism Conclusions

DIC LO is Senior Lecturer in Economics and Chair of the Centre of Chinese Studies at the School of Oriental and African Studies, University of London, UK. He is also Co-Director of the Center of Research in Comparative Political Economy at the Renmin University of China. His research focuses on Chinese economic transformation, East Asian economic institutions and development, and comparative political economy. He is the author of Market and Institutional Regulation in Chinese Industrialization, 1978-94 and China's Transformational Growth: A Structural-Institutional Analysis.

• Overview Theoretical and Policy Doctrines Efficiency and Efficient Institutions The Division of Labour and Institutions The East Asian Phenomenon The China Paradox The Economics of Transition Feasible Socialism Conclusions