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Brookings Papers on Economic Activity 2:2006

Edited by William C. Brainard and George L. Perry

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Contents include: • The Return to Capital in China Chong-En Bai (Tsinghua University), Chang-Tai Hsieh (University of California–Berkeley), and Yingyi Qian (University of California–Berkeley) • The Contradiction in China’s Gradualist Banking Reforms Wendy Dobson (University of Toronto) and Anil Kashyap (University of Chicago) • The Sources and Sustainability of China’s Economic Growth Gary Jefferson (Brandeis University), Albert Hu (National University of Singapore), and Jian Su (Peking University)

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