With the Chinese economy slowing and its stock market bubble bursting, debate is raging inside and outside the country about how to ensure the most populous nation remains the biggest driver of global growth.
Probably the only thing on which all sides agree is that a return to the collectivist totalitarianism of the Maoist era economics would be a bad idea.
But according to research by four prominent economists, maybe Chinese policymakers should not be too quick to rule that out.
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