Download or read book China s Economic Transition 1978 2000 an Alternative Institutional Analysis written by Stanley Zhao-xiong Yang and published by . This book was released on 2002 with total page 824 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book China Economic Transition Research written by Renwei Zhao and published by Routledge. This book was released on 2020-01-30 with total page 239 pages. Available in PDF, EPUB and Kindle. Book excerpt: China has experienced radical economic and societal change since the initiation of the reform process in 1978. These changes have greatly affected various aspects of people’s livelihoods and inspired scholars to reconsider the relationship between planning and the market in China. This book is a collection of fourteen papers by Zhao Renwei, the former director of the Institute of Economics of the Chinese Academy of Social Sciences. First, the author discusses his views on the relationship between planning and the market in Chinese society before subsequently going on to examine the changes in economic systems of the intervening decades, using examples and economic models, and then drawing conclusions for policy. The book will appeal to students and scholars interested in China’s social and economic reform.
Download or read book The China Path to Economic Transition and Development written by Yinxing Hong and published by Springer. This book was released on 2016-04-01 with total page 243 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book by the renowned Chinese scholar Dr. Yinxing Hong provides the reader with a perceptive analysis of what has worked in China’s development model. Over the past 30 years, China has experienced a remarkable economic rise, but it now faces the challenge of switching the drivers of this economic growth, which have proven so successful. The path has not been an easy one, and many challenges lie ahead. However, the rise of the Chinese economy has been the most significant global development in recent years. Is there a specific Chinese model? How was the Chinese transition, from a Soviet-style economic structure to one that is more open to market influences and the global market, achieved? In 15 essays, Dr. Hong provides fascinating insights to these and other key questions. The essays cover the challenges involved in transition and how the market-oriented reforms progressed; what the consequences of the transition were for public goods provision and how China opened up its economic system. The essays in Part II address the remaining challenges facing rural areas trying to develop a more consumer-driven economic base, and how to effectively modify the model of economic development. This book provides a sound basis for policymakers and scholars alike, as well as anyone who wants to get an insider’s view of the progress and challenges faced by China’s economic development.
Download or read book The Chinese Economy under Transition written by Sarah Cook and published by Springer. This book was released on 2000-01-28 with total page 342 pages. Available in PDF, EPUB and Kindle. Book excerpt: This wide-ranging collection addresses many important issues in China's economy under transition, from grain production to trade, to the development of township enterprises, the restructuring of state-owned enterprises, the emergence of big business, money demand and consumption behaviour. Together, the studies provide insightful analysis and discussion of economic policies, illuminating the institutional context within which reform strategies are negotiated and implemented in different economic sectors.
Download or read book Economic Reform and Institutional Innovation written by Yang Yao and published by Economic Reform and Institutio. This book was released on 2009-09 with total page 305 pages. Available in PDF, EPUB and Kindle. Book excerpt: Identifies three building blocks that have contributed to China's success: decentralization, an encompassing state, and volitional pragmatism. Discusses the interplay between these three factors that has shaped China's reform trajectory.
Download or read book China s Economic Reform and Open door Policy 1978 1998 written by Yanlai Wang and published by . This book was released on 2001 with total page 678 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Rationale Behind Change of China written by Bi Fan and published by Springer. This book was released on 2025-02-13 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores China's development experience and future reform directions in the frame of innovative economic institutional theory. This book reviews the historical trajectory of economic studies on institutions and points out their limitations. It constructs a new framework for institutional analysis using transaction costs and transaction modules, proposes measuring transaction costs through time, elucidates the evolution of institutions through these costs, and incorporates the trade of rights between governments, markets, and enterprises into the realm of economic institutional research. The book argues that China's reform and opening-up began with a high transaction cost system. After competing between planned and market economies, China opted for a market economy system characterized by lower transaction costs, unraveling the "three binds" of ownership, resource allocation, and distribution methods with social systems, which can be deemed the "secret" to China's rapid economic development. The book also reveals that under the influence of path dependency, diminishing efficiency, and diversification laws, China's economic system has seen a spread of constraints from points to lines and surfaces, which are eroding reform dividends and posing constraints on development. Through examples in investment, land for construction, energy, and business environments, the book analyzes the changes in transaction costs brought about by institutional changes and their positive and negative impacts on development and proposes a vision and pathway for future reforms.
Download or read book Growing Out of the Plan written by Barry Naughton and published by . This book was released on 1995-06-30 with total page 379 pages. Available in PDF, EPUB and Kindle. Book excerpt: Growing Out of the Plan is a comprehensive study of China's economic reforms, from their beginnings at the end of 1978 through the completion of many of the initial reform measures during 1993. The book focuses on industry and macroeconomic policy, using them to describe reform strategy in its entirety. In addition to being a thorough and reliable guide to the specifics of the reforms, Growing Out of the Plan examines the Chinese approach to economic transition, which is based on maintaining elements of the planned economy while concentrating economic growth in the market-oriented segments of the economy, outside the government plan. This "dual track" policy is a feature of Chinese reform that differentiates it from its counterparts in Eastern Europe and the former Soviet Union. Barry Naughton argues that the success of the reforms is not the result of carefully plotted strategy. Rather, during some periods, coherence emerged in spite of the policies of Chinese leaders. In hindsight, however, China's jumble of ad hoc reforms have added up to a coherent package. Most important for other changing economies, writes Naughton, the Chinese experience shows that gradual change away from a command economy is feasible.
Download or read book Market and Institutional Regulation in Chinese Industrialization 1978 94 written by Dic Lo and published by MacMillan. This book was released on 1997 with total page 236 pages. Available in PDF, EPUB and Kindle. Book excerpt: In contrast to the market-centred orthodoxy this study of Chinese industrialisation develops an interpretation based on a wealth of evidence which suggests performance was a combination of market and nonmarket institutional regulation
Download or read book Leaders Institutions and China s Economic Transition written by Zhen-zhong Chu and published by . This book was released on 1997 with total page 490 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Understanding China s Economic Indicators written by Thomas Orlik and published by Pearson Education. This book was released on 2011-07-07 with total page 267 pages. Available in PDF, EPUB and Kindle. Book excerpt: In Understanding China’s Economic Indicators, leading economist and Wall Street Journal columnist Thomas M. Orlik introduces 35 of China's most significant economic statistics. Orlik explains why each indicator matters, how it is collected and computed, and its impact on equity, commodity, and currency markets. As China has emerged as a central player in the global economy, more and more investors are seeking profitable opportunities there. To choose the right investments, it's crucial to understand China's economic environment–and that means finding, interpreting, and utilizing China's growing base of economic indicators. Orlik helps investors make sense of data on everything from Chinese GDP growth to inflation, unemployment, bond yields, electricity production, and aircraft passenger numbers. He draws on the best information supplied by the Chinese government's statistical agency, ministries, and industry associations, as well as private sources. Each indicator is clearly described, along with a practical discussion of its implications for investors.
Download or read book Capitalism from Below written by Victor Nee and published by Harvard University Press. This book was released on 2012-06-19 with total page 450 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over 630 million Chinese escaped poverty since the 1980s, the largest decrease in poverty in history. Studying 700 manufacturing firms in the Yangzi region, the authors argue that the engine of China’s economic miracle—private enterprise—did not originate at the top but bubbled up from below, overcoming initial obstacles set up by the government.
Download or read book How China Became Capitalist written by R. Coase and published by Springer. This book was released on 2016-04-30 with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt: How China Became Capitalist details the extraordinary, and often unanticipated, journey that China has taken over the past thirty five years in transforming itself from a closed agrarian socialist economy to an indomitable economic force in the international arena. The authors revitalise the debate around the rise of the Chinese economy through the use of primary sources, persuasively arguing that the reforms implemented by the Chinese leaders did not represent a concerted attempt to create a capitalist economy, and that it was 'marginal revolutions' that introduced the market and entrepreneurship back to China. Lessons from the West were guided by the traditional Chinese principle of 'seeking truth from facts'. By turning to capitalism, China re-embraced her own cultural roots. How China Became Capitalist challenges received wisdom about the future of the Chinese economy, warning that while China has enormous potential for further growth, the future is clouded by the government's monopoly of ideas and power. Coase and Wang argue that the development of a market for ideas which has a long and revered tradition in China would be integral in bringing about the Chinese dream of social harmony.
Download or read book China 2049 written by David Dollar and published by Brookings Institution Press. This book was released on 2020-06-09 with total page 444 pages. Available in PDF, EPUB and Kindle. Book excerpt: How will China reform its economy as it aspires to become the next economic superpower? It's clear that China is the world's next economic superpower. But what isn't so clear is how China will get there by the middle of this century. It now faces tremendous challenges such as fostering innovation, dealing with ageing problem and coping with a less accommodative global environment. In this book, economists from China's leading university and America's best-known think tank offer in depth analyses of these challenges. Does China have enough talent and right policy and institutional mix to transit from input-driven to innovation-driven economy? What does ageing mean, in terms of labor supply, consumption demand and social welfare expenditure? Can China contain the environmental and climate change risks? How should the financial system be transformed in order to continuously support economic growth and keep financial risks under control? What fiscal reforms are required in order to balance between economic efficiency and social harmony? What roles should the state-owned enterprises play in the future Chinese economy? In addition, how will technological competition between the United States and China affect each country's development? Will the Chinese yuan emerge as a major reserve currency, and would this destabilize the international financial system? What will be China's role in the international economic institutions? And will the United States and other established powers accept a growing role for China and the rest of the developing world in the governance of global institutions such as the World Trade Organization and the International Monetary Fund, or will the world devolve into competing blocs? This book provides unique insights into independent analyses and policy recommendations by a group of top Chinese and American scholars. Whether China succeeds or fails in economic reform will have a large impact, not just on China's development, but also on stability and prosperity for the whole world.
Download or read book The China Model written by Daniel A. Bell and published by Princeton University Press. This book was released on 2016-08-23 with total page 355 pages. Available in PDF, EPUB and Kindle. Book excerpt: How China's political model could prove to be a viable alternative to Western democracy Westerners tend to divide the political world into "good" democracies and “bad” authoritarian regimes. But the Chinese political model does not fit neatly in either category. Over the past three decades, China has evolved a political system that can best be described as “political meritocracy.” The China Model seeks to understand the ideals and the reality of this unique political system. How do the ideals of political meritocracy set the standard for evaluating political progress (and regress) in China? How can China avoid the disadvantages of political meritocracy? And how can political meritocracy best be combined with democracy? Daniel Bell answers these questions and more. Opening with a critique of “one person, one vote” as a way of choosing top leaders, Bell argues that Chinese-style political meritocracy can help to remedy the key flaws of electoral democracy. He discusses the advantages and pitfalls of political meritocracy, distinguishes between different ways of combining meritocracy and democracy, and argues that China has evolved a model of democratic meritocracy that is morally desirable and politically stable. Bell summarizes and evaluates the “China model”—meritocracy at the top, experimentation in the middle, and democracy at the bottom—and its implications for the rest of the world. A timely and original book that will stir up interest and debate, The China Model looks at a political system that not only has had a long history in China, but could prove to be the most important political development of the twenty-first century.
Download or read book Making Of An Economic Superpower The Unlocking China s Secret Of Rapid Industrialization written by Yi Wen and published by World Scientific. This book was released on 2016-05-13 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: The rise of China is no doubt one of the most important events in world economic history since the Industrial Revolution. Mainstream economics, especially the institutional theory of economic development based on a dichotomy of extractive vs. inclusive political institutions, is highly inadequate in explaining China's rise. This book argues that only a radical reinterpretation of the history of the Industrial Revolution and the rise of the West (as incorrectly portrayed by the institutional theory) can fully explain China's growth miracle and why the determined rise of China is unstoppable despite its current 'backward' financial system and political institutions. Conversely, China's spectacular and rapid transformation from an impoverished agrarian society to a formidable industrial superpower sheds considerable light on the fundamental shortcomings of the institutional theory and mainstream 'blackboard' economic models, and provides more-accurate reevaluations of historical episodes such as Africa's enduring poverty trap despite radical political and economic reforms, Latin America's lost decades and frequent debt crises, 19th century Europe's great escape from the Malthusian trap, and the Industrial Revolution itself.
Download or read book How Reform Worked in China written by Yingyi Qian and published by MIT Press. This book was released on 2017-11-24 with total page 414 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
