China has showcased its engineering prowess with small modular reactor demonstration projects. But turning these technological achievements into commercial success will be a greater challenge.
Tong Zhao
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The most direct way to break the grip of inefficient, self-serving interests on state power is through the election of new political players not beholden to the same interest groups that supported their predecessors. This is true regardless of political bent and is demonstrated by recent history in postcommunist Eastern Europe.
Source: Carnegie Endowment
The most direct way to break the grip of inefficient, self-serving interests on state power is through the election of new political players not beholden to the same interest groups that supported their predecessors. This is true regardless of political bent and is demonstrated by recent history in postcommunist Eastern Europe. A new policy outlook by Karla Hoff, Shale Horowitz, and Carnegie senior associate Branko Milanovic proves this theory empirically.
Click on the link above for the full text of this Policy Outlook.
About the Authors
Karla Hoff is a senior research economist at the World Bank. Shale Horowitz is associate professor in political science at the University of Wisconsin at Milwaukee. Branko Milanovic is a senior associate at the Carnegie Endowment for International Peace.
Karla Hoff
Shale Horowitz
Former Adjunct Scholar
Milanovic is a lead economist in the World Bank's research department,where he has been working on the topics of income inequality and globalization. Previously, he was a World Bank country economist for Poland and a research fellow at the Institute of Economic Sciences in Belgrade.
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