China's town and village enterprises and its implications for Sub-Saharan Africa

The successful development of China's town and village enterprises (TVEs) has significantly absorbed enormous rural labour surplus during the agricultural transformation and the process of urbanisation between 1984 and 2014. TVEs played an important role in poverty reduction and increasing income for rural labours in China, when markets were dysfunctional and institutions were changing during the 1980s and 1990s. Assessments have concluded that...