Macroeconomic Reform In China PDF Download
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Author | : James A. Dorn |
Publisher | : University of Chicago Press |
Total Pages | : 406 |
Release | : 1990-11-27 |
Genre | : Business & Economics |
ISBN | : 9780226158327 |
Download Economic Reform in China Book in PDF, ePub and Kindle
Based on a Cato Institute conference, cosponsored by Fudan University in Shanghai and held in September 1988 at the Shanghai Hilton.
Author | : Jacques deLisle |
Publisher | : Brookings Institution Press |
Total Pages | : 290 |
Release | : 2019-09-24 |
Genre | : Business & Economics |
ISBN | : 0815737262 |
Download To Get Rich Is Glorious Book in PDF, ePub and Kindle
" In 1978, China launched economic reforms that have resulted in one of history’s most dramatic national transformations. The reforms removed bureaucratic obstacles to economic growth and tapped China’s immense reserves of labor and entrepreneurial talent to unleash unparalleled economic growth in the country. In the four decades since, China has become the world’s second-largest economy after the United States, and a leading force in international trade and investment. As the contributors to this volume show, China also faces daunting challenges in sustaining growth, continuing its economic ransformation, addressing the adverse consequences of economic success, and dealing with mounting suspicion from the United States and other trade and investment partners. China also confronts risks stemming from the project to expand its influence across the globe through infrastructure investments and other projects under the Belt and Road Initiative. At the same time, China’s current leader, Xi Jinping, appears determined to make his own lasting mark on the country and on China’s use of its economic clout to shape the world around it. "
Author | : Nicholas R. Lardy |
Publisher | : Peterson Institute for International Economics |
Total Pages | : 258 |
Release | : 2019-01-01 |
Genre | : Business & Economics |
ISBN | : 0881327387 |
Download The State Strikes Back Book in PDF, ePub and Kindle
China's extraordinarily rapid economic growth since 1978, driven by market-oriented reforms, has set world records and continued unabated, despite predictions of an inevitable slowdown. In The State Strikes Back: The End of Economic Reform in China?, renowned China scholar Nicholas R. Lardy argues that China's future growth prospects could be equally bright but are shadowed by the specter of resurgent state dominance, which has begun to diminish the vital role of the market and private firms in China's economy. Lardy's book arrives in timely fashion as a sequel to his pathbreaking Markets over Mao: The Rise of Private Business in China, published by PIIE in 2014. This book mobilizes new data to trace how President Xi Jinping has consistently championed state-owned or controlled enterprises, encouraging local political leaders and financial institutions to prop up ailing, underperforming companies that are a drag on China's potential. As with his previous book, Lardy's perspective departs from conventional wisdom, especially in its contention that China could achieve a high growth rate for the next two decades—if it reverses course and returns to the path of market-oriented reforms.
Author | : Yingyi Qian |
Publisher | : MIT Press |
Total Pages | : 414 |
Release | : 2017-11-24 |
Genre | : Business & Economics |
ISBN | : 026253424X |
Download How Reform Worked in China Book in PDF, ePub and Kindle
A noted Chinese economist examines the mechanisms behind China's economic reforms, arguing that universal principles and specific implementations are equally important. As China has transformed itself from a centrally planned economy to a market economy, economists have tried to understand and interpret the success of Chinese reform. As the Chinese economist Yingyi Qian explains, there are two schools of thought on Chinese reform: the “School of Universal Principles,” which ascribes China's successful reform to the workings of the free market, and the “School of Chinese Characteristics,” which holds that China's reform is successful precisely because it did not follow the economics of the market but instead relied on the government. In this book, Qian offers a third perspective, taking certain elements from each school of thought but emphasizing not why reform worked but how it did. Economics is a science, but economic reform is applied science and engineering. To a practitioner, it is more useful to find a feasible reform path than the theoretically best way. The key to understanding how reform has worked in China, Qian argues, is to consider the way reform designs respond to initial historical conditions and contemporary constraints. Qian examines the role of “transitional institutions”—not “best practice institutions” but “incentive-compatible institutions”—in Chinese reform; the dual-track approach to market liberalization; the ownership of firms, viewed both theoretically and empirically; government decentralization, offering and testing hypotheses about its link to local economic development; and the specific historical conditions of China's regional-based central planning.
Author | : Xinli Zheng |
Publisher | : Springer |
Total Pages | : 452 |
Release | : 2018-10-12 |
Genre | : Business & Economics |
ISBN | : 9811327270 |
Download China’s 40 Years of Economic Reform and Development Book in PDF, ePub and Kindle
This book aims to explain the secret to China’s rapid growth over the last 40 years from the viewpoint of a firsthand witness. Zheng Xinli was enrolled as a graduate student of economics 40 years ago, at a time when very few Chinese people could enroll in higher-level education, let alone graduate school. Since 1978, he has been engaged in the study of macroeconomic theory and economic policy. He has worked with the economic group of the Research Section of the Secretariat of the Central Committee of the Communist Party of China, the State Information Center, and the Policy Research Office of the State Planning Commission, as well as other organizations. His work serves to help Chinese leaders in making economic decisions. In 2013, Zheng Xinli appeared on the list of China’s Top Ten Economists. With the addition of several up-to-date articles, this book is mainly a condensed version of a 16-volume collection of essays selected from among the more-than-500 articles published by Zheng between 1981 and 2016. Addressing some of the major issues in China, namely, Reform and Development, Development Patterns, Macro Regulation, Balanced Urban and Rural Development, Innovation, and Industry Revitalization, the book, as Zheng himself puts it, visualizes the birth process of different policies and measures which have catered to the different stages of reform. As an insider, and also partly as a designer and architect, Zheng Xinli provides readers with a view of China’s reform from the top.
Author | : David Daokui Li |
Publisher | : Springer Nature |
Total Pages | : 256 |
Release | : 2021-03-26 |
Genre | : Business & Economics |
ISBN | : 9813345209 |
Download Economic Lessons from China’s Forty Years of Reform and Opening-up Book in PDF, ePub and Kindle
This book first shows that the past 40 years of China's economic reform and opening up represents the greatest magnitude of economic growth in history. Based on field trips, extensive and intensive interviews and literature surveys, this book argues that there are five general lessons for a rapid growing economy from China's economic reform and opening up, all in the area of the relationship between the government and the economy. First, the local governments need to be incentivized to help rapid entry and development of enterprises. Second, local governments need to be incentivized to help rapid land conversion from agricultural to non-agricultural. Third, financial deepening is vital; that is, inducing households to hold more and more financial assets in local currency. Financial deepening is essential to convert savings into investments. This requires financial stability, which is crucial. Fourth, the learning through opening up is the key to endogenous economic growth. The fundamental benefit of opening up is learning rather than enjoying comparative advantage. The fifth and final lesson from China is that the central government must proactively manage the macroeconomy. The rationale is that enterprises compete with each other in games of industrial organization. In order to resolve this problem, proactive measures including market-oriented means, administrative orders and reform measures should be implemented. Overall, the main lesson from China's past 40 years of reform and opening up is that proper incentives and behavior of the government, local and central, are important for economic growth. China has been conducting reforms in this regard and as a result, the government more or less has been playing the role of a "helping hand" regarding economic growth, although China's economic system is far from perfect and many reforms are still needed.
Author | : Jean Chun Oi |
Publisher | : Stanford University Press |
Total Pages | : 372 |
Release | : 1999 |
Genre | : Business & Economics |
ISBN | : 0804737886 |
Download Property Rights and Economic Reform in China Book in PDF, ePub and Kindle
Revisions of papers presented at a conference at Hong Kong University of Science and Technology, 1996.
Author | : Ross Garnaut |
Publisher | : ANU Press |
Total Pages | : 709 |
Release | : 2018-07-19 |
Genre | : Business & Economics |
ISBN | : 176046225X |
Download China’s 40 Years of Reform and Development: 1978–2018 Book in PDF, ePub and Kindle
The year 2018 marks 40 years of reform and development in China (1978–2018). This commemorative book assembles some of the world’s most prominent scholars on the Chinese economy to reflect on what has been achieved as a result of the economic reform programs, and to draw out the key lessons that have been learned by the model of growth and development in China over the preceding four decades. This book explores what has happened in the transformation of the Chinese economy in the past 40 years for China itself, as well as for the rest of the world, and discusses the implications of what will happen next in the context of China’s new reform agenda. Focusing on the long-term development strategy amid various old and new challenges that face the economy, this book sets the scene for what the world can expect in China’s fifth decade of reform and development. A key feature of this book is its comprehensive coverage of the key issues involved in China’s economic reform and development. Included are discussions of China’s 40 years of reform and development in a global perspective; the political economy of economic transformation; the progress of marketisation and changes in market-compatible institutions; the reform program for state-owned enterprises; the financial sector and fiscal system reform, and its foreign exchange system reform; the progress and challenges in economic rebalancing; and the continuing process of China’s global integration. This book further documents and analyses the development experiences including China’s large scale of migration and urbanisation, the demographic structural changes, the private sector development, income distribution, land reform and regional development, agricultural development, and energy and climate change policies.
Author | : Nicholas R. Lardy |
Publisher | : Cambridge University Press |
Total Pages | : 214 |
Release | : 1992 |
Genre | : Business & Economics |
ISBN | : 9780521458351 |
Download Foreign Trade and Economic Reform in China Book in PDF, ePub and Kindle
A comprehensive analysis of how China emerged as one of the most dynamic trading nations in the world, first published in 1992.
Author | : Ross Garnaut |
Publisher | : |
Total Pages | : 240 |
Release | : 2012 |
Genre | : China |
ISBN | : 9781922144454 |
Download China Book in PDF, ePub and Kindle
Nine papers by various authors discussing aspects of economic reform in China over a 20 year period.