Poverty and Inequality in China
Excessive inequality and massive poverty have been successfully contained so far, but the
income gap is starting to widen, warns Yvonne Ying.
Letters to the Editors Vincent Benziger
comments on Jeffrey Sachs and Wing Thye Woo 's article on China. The head of Bulgaria's
Union for Private Economic Enterprise depicts the dire state of private businesses.
Quotation of the Month: "Initial
conditions determined economic performance in Eastern Europe. Pace of reform had negative
impact," concludes the Economist Intelligence Unit.