Wednesday, September 14, 2005

Learn from Hong Kong, not Harvard

Bryan Caplan at George Mason University has this to say regarding the latest World Bank report on business regulations around the globe (which I mentioned in earlier post), read the report here.

One gets a sense of big relief after reading Bryan's post and knowing that Jeff Sachs has not been involved in China's economic reform. Put it in another way, it is China's great fortune not to have Jeff Sachs on board of its economic reform team during it's past twenty five years of economic reform.

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