How Reform Worked In China


How Reform Worked In China
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How Reform Worked In China


How Reform Worked In China
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Author : Yingyi Qian
language : en
Publisher: MIT Press
Release Date : 2017-11-24

How Reform Worked In China written by Yingyi Qian and has been published by MIT Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-11-24 with Business & Economics categories.


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.



How China Escaped Shock Therapy


How China Escaped Shock Therapy
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Author : Isabella M. Weber
language : en
Publisher: Routledge
Release Date : 2021-05-26

How China Escaped Shock Therapy written by Isabella M. Weber and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-05-26 with Business & Economics categories.


China has become deeply integrated into the world economy. Yet, gradual marketization has facilitated the country’s rise without leading to its wholesale assimilation to global neoliberalism. This book uncovers the fierce contest about economic reforms that shaped China’s path. In the first post-Mao decade, China’s reformers were sharply divided. They agreed that China had to reform its economic system and move toward more marketization—but struggled over how to go about it. Should China destroy the core of the socialist system through shock therapy, or should it use the institutions of the planned economy as market creators? With hindsight, the historical record proves the high stakes behind the question: China embarked on an economic expansion commonly described as unprecedented in scope and pace, whereas Russia’s economy collapsed under shock therapy. Based on extensive research, including interviews with key Chinese and international participants and World Bank officials as well as insights gleaned from unpublished documents, the book charts the debate that ultimately enabled China to follow a path to gradual reindustrialization. Beyond shedding light on the crossroads of the 1980s, it reveals the intellectual foundations of state-market relations in reform-era China through a longue durée lens. Overall, the book delivers an original perspective on China’s economic model and its continuing contestations from within and from without.



Economic Transition And Labor Market Reform In China


Economic Transition And Labor Market Reform In China
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Author : Xinxin Ma
language : en
Publisher: Springer
Release Date : 2018-12-30

Economic Transition And Labor Market Reform In China written by Xinxin Ma and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-12-30 with Business & Economics categories.


This book empirically investigates the changes in labor market structure accompanying the labor market reform in China by focusing on the labor market segmentation problems from the 1980s to 2013. The book also aims to examine the effect of labor policy reforms on individual, household and enterprise behavior, including the causes and consequences of labor market reform in China, particularly the influences of labor policy reforms on labor market performance. Offering valuable insights into the changing structure of the Chinese economy, this book will be of interest to scholars, activists, and economists.



China S 40 Years Of Economic Reform And Development


China S 40 Years Of Economic Reform And Development
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Author : Xinli Zheng
language : en
Publisher: Springer
Release Date : 2018-10-12

China S 40 Years Of Economic Reform And Development written by Xinli Zheng and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-10-12 with Business & Economics categories.


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.



Thirty Years Of China S Reform


Thirty Years Of China S Reform
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Author : Wang Mengkui
language : en
Publisher: Routledge
Release Date : 2013-02-28

Thirty Years Of China S Reform written by Wang Mengkui and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-02-28 with Business & Economics categories.


China Development Research Foundation is one of the leading economic think tanks in China, where many of the details of China’s economic reform have been formulated. Its work and publications therefore provide great insights into what the Chinese themselves think about economic reform and how it should develop. This book presents a comprehensive survey of China’s reforms of the last thirty years. Its coverage includes macroeconomic policy; banking, finance, capital markets and tax; trade; labour markets; price reform; social security; and much else. Overall, it provides an invaluable assessment of the reforms from the perspective of experts within China, including an appraisal of how extensive the reforms have been, what consequences have turned out, and how far the reforms have been successful.



The State Strikes Back


The State Strikes Back
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Author : Nicholas R. Lardy
language : en
Publisher: Peterson Institute for International Economics
Release Date : 2019-01-01

The State Strikes Back written by Nicholas R. Lardy and has been published by Peterson Institute for International Economics this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-01-01 with Business & Economics categories.


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.



China S 40 Years Of Reform And Development 1978 2018


China S 40 Years Of Reform And Development 1978 2018
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Author : Ross Garnaut
language : en
Publisher: ANU Press
Release Date : 2018-07-19

China S 40 Years Of Reform And Development 1978 2018 written by Ross Garnaut and has been published by ANU Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-07-19 with Business & Economics categories.


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.



Education And Reform In China


Education And Reform In China
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Author : Emily Hannum
language : en
Publisher: Taylor & Francis
Release Date : 2012-11-12

Education And Reform In China written by Emily Hannum and has been published by Taylor & Francis this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-11-12 with Education categories.


Transformative market reforms in China since the late 1970s have improved living standards dramatically, but have also led to unprecedented economic inequality. During this period, China’s educational system was restructured to support economic development, with educational reforms occurring at a startling pace. Today, the educational system has diversified in structure, finance, and content; it has become more market-oriented; and it is serving an increasingly diverse student population. These changes carry significant consequences for China’s social mobility and inequality, and future economic prospects. In Education and Reform in China, leading scholars in the fields of education, sociology, demography, and economics investigate the evolution of educational access and attainment, educational quality, and the economic consequences of being educated. Education and Reform in China shows that economic advancement is increasingly tied to education in China, even as educational services are increasingly marketized. The volume investigates the varying impact of change for different social, ethnic, economic and geographic groups. Offering interdisciplinary views on the changing role of education in Chinese society, and on China’s educational achievements and policy challenges, this book will be an important resource for those interested in education, public policy, and development issues in China.



Reform In China


Reform In China
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Author : Noriko Kamachi
language : en
Publisher: BRILL
Release Date : 2020-03-17

Reform In China written by Noriko Kamachi and has been published by BRILL this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-03-17 with History categories.


This work describes the career of Huang Tsun-hsien. a late Ch'ing diplomat, bureaucrat, and political thinker, who was one of the f i r s t modern Chinese. i n t e l l e c t u a l s that s e r i o u s l y recommended Meiji Japan as a model of modernization for China, His study on Japanese history became the blueprint for the Hundred Days Reform in 1898.



Chinese Economists On Economic Reform Collected Works Of Yu Guangyuan


Chinese Economists On Economic Reform Collected Works Of Yu Guangyuan
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Author : Yu Guangyuan
language : en
Publisher: Routledge
Release Date : 2013-12-04

Chinese Economists On Economic Reform Collected Works Of Yu Guangyuan written by Yu Guangyuan and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-12-04 with Social Science categories.


This book is part of a series which makes available to English-speaking audiences the work of the individual Chinese economists who were the architects of China’s economic reform. The series provides an inside view of China’s economic reform, revealing the thinking of the reformers themselves, unlike many other books on China’s economic reform which are written by outside observers. Yu Guangyuan (1915-) is a famous Chinese philosopher and economist. A member of the Chinese Communist Party from 1937, he has made significant contributions in the fields of Marxist theory and in state planning. He was head of the Political Research Office of the State Council from 1975 and the first director of the Economic Research Institute of the State Planning Commission. He has held many other important posts, and was editor-in-chief of the "Dictionary of Economics". The book is published in association with China Development Research Foundation, one of the leading economic and social think tanks in China, where many of the theoretical foundations and policy details of economic reform were formulated.