“Can other developing countries achieve a performance similar to that achieved by China over the past three decades?” he asked in a speech he called “The China Miracle Demystified.” “The answer is clearly yes.” He advised poor countries that if they want to get richer, they needed to delay political reform or fall victim to the chaos of post–Soviet Russia. He argued for the virtues of being free not from repression but “from the fear of poverty and hunger, of which I hold vivid childhood memories.” When he wrote in his own name, not on behalf of the Bank, he was even more strident: he
...more
