Rafiq Hariri Professor of International Political
Economy at the Kennedy School of Government, Harvard
University, 79 JFK Street, Cambridge, MA 02138 (e-mail:
dani_rodrik@harvard.edu). Parts of this paper draw heavily
on Rodrik (2009). I thank Nicholas Lardy, Yingyi Qian,
Anthony Saich, Shang-Jin Wei, Wing Thye Woo, and
Martin Whyte for very helpful discussions on China.