Guardian Unlimited Development in defiance of the Washington consensus China has carried off the world's largest reduction in poverty by grasping that market economies cannot be left on autopilot
Joseph Stiglitz Thursday April 13, 2006 The Guardian China is about to adopt its 11th five-year plan, setting the stage for the continuation of probably the most remarkable economic transformation in history, while improving the wellbeing of almost a quarter of the world's population. Never before has the world seen such sustained growth; never before has there been so much poverty reduction. [etc. here: http://business.guardian.co.uk/story/0,,1752818,00.html]
