The Market Mechanism And Economic Reforms In China
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The Market Mechanism And Economic Reforms In China
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Author : William Byrd
language : en
Publisher: Routledge
Release Date : 2019-07-04
The Market Mechanism And Economic Reforms In China written by William Byrd and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-07-04 with Business & Economics categories.
This theoretical and empirical study of market-oriented reforms in Chinese industry since the late 1970s focuses on the expansion of the market mechanism in the allocation of industrial products and the concurrent decline of directive planning - a strategy that is a crucial component of the ambitious overall reform "package" that Chinese reformers are trying to implement. The expanding role of Chinese industrial goods has had major implications for the functioning and importance of planning which, the author argues, has become largely irrelevant in terms of direct control over short-term allocation.
China S Economic Reform
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Author : George Oakley Totten
language : en
Publisher:
Release Date : 1992
China S Economic Reform written by George Oakley Totten and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1992 with China categories.
China S Economic Reform
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Author : Zhang Yu
language : en
Publisher: Routledge
Release Date : 2017-10-12
China S Economic Reform written by Zhang Yu and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-10-12 with Business & Economics categories.
China’s growth miracle over the past 30 years has propelled it to become the world’s second largest economy and potentially the largest in the following years. This book examines China’s experience on economic reform, trying to find the reasons for the sustainable and rapid development and provide insights into the study of economic theories. From the perspective of political economics, this book elaborates on China’s socialist market economy which was officially confirmed as the goal of the country’s economic reform in 1992. It expounds on China’s economic model, the relationship between socialism and market economy, as well as the establishment and improvement of socialist market economy in China, deepening the studies in the laws governing China’s economic development. Then, it explores the gradual reform, the reform of state-owned enterprises, and the relationship between governments and market, all of which are crucial to the success of China’s economic reform. Finally, based on the analysis above, this book discusses the reasons for the constant and rapid development of China’s economy. With detailed analysis on the reform experience and theoretical implications, this book will appeal to scholars and students studying China’s economy, and contribute to the development of economic theories.
The Logic Of Economic Reform In China
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Author : Xiaojing Zhang
language : en
Publisher: Springer
Release Date : 2015-11-19
The Logic Of Economic Reform In China written by Xiaojing Zhang and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-11-19 with Business & Economics categories.
This book provides a historical overview of Chinese economic reform over the past 30 years. From the genesis of the reform to the gradual improvement of the market system, and then to the re-start of the critical stage of the reform, this book includes not only research on the reform process, but also detailed descriptions of the key areas of reform since the Third Plenary Session of the 18th CPC Central Committee. On this basis, the author develops six logics for Chinese economic reform. Firstly, reform is cyclical, moving between rapid advances and deadlock; this calls upon us to re-examine the common view of reform. Secondly, reform is systematic; it cannot succeed without supporting reforms in other fields. Thirdly, the relationship between reform, development and stability should be properly handled. This “trinity” is quite different from the perspective of western mainstream theory, which puts too much emphasis on efficiency. Fourthly, the success of Chinese reform was not achieved by chance. The reform practice is based on the theoretical logic, and also goes beyond the debate between progressive and radical modes. Fifthly, the Top-level Design should be combined with “crossing the river by moving from stone to stone,” i.e., the theoretical basis of reform should be combined with reform practice. Sixthly and lastly, the ongoing reform in China must be understood in the contexts of global competition and reform competition.
The Logic Of The Market
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Author : Weiying Zhang
language : en
Publisher: Cato Institute
Release Date : 2015-01-20
The Logic Of The Market written by Weiying Zhang and has been published by Cato Institute this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-01-20 with Business & Economics categories.
The Logic of the Market by Weiying Zhang—considered China’s “leading market liberal”—comprises his most influential essays on economics over the past three decades. First published in China in 2010, this revised edition contains three new essays, which offer those outside China a deeper understanding of the Chinese economy. “Market competition is a really just competition to create value for others... Only through this approach did the Western economy advance over the past 200 years. It is also the reason for China’s economic marvel over the past 30 years,” writes Weiying. Readers will appreciate Weiying’s ability to address both everyday economic issues and the questions that confront a nation’s leaders, not the least a nation seeking to escape mass poverty. The economic reforms and subsequent growth in China may be the most astonishing and hopeful event of our age. Weiying was among the leaders who set China on its path of change. Here he elucidates the pitfalls and the progress of economic reform, celebrating leaders who mixed sustained idealism with judicious compromise. Readers seeking to learn from China’s successes will find much of interest here. Weiying emphasizes the importance of entrepreneurs in the new China. He concludes, “The key for China, as the country with the world’s largest population, to return to being the largest economy lies in allowing the entrepreneurial spirit to develop the potential of the domestic market.” For that to happen, Weiying recommends that China continue to reduce the state-owned economy, lessen government control over the economy, and—over the next 30 years—emphasize political reform to build a constitutional democracy. His thinking is not limited to China. Some of these essays also focus on the global financial crisis—how Keynesian policies can only be effective for the short term and will bring long-term negative consequences. Weiying provides a unique perspective on his country’s market economy, implementation of economic policies, and the potential for Chinese economic development. “I hope that the logic of the market becomes every person’s ideal,” he writes. “That is my reason for writing this book.”
Chinese Economists On Economic Reform Collected Works Of Guo Shuqing
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Author : Guo Shuqing
language : en
Publisher: Routledge
Release Date : 2013-03
Chinese Economists On Economic Reform Collected Works Of Guo Shuqing written by Guo Shuqing and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-03 with Business & Economics categories.
China Development Research Foundation is 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. This book is the second of a series which makes available to an English-speaking audience the work of the individual Chinese economists who were the architects of reform. Guo Shuqing has made major contributions to the thinking underlying China's economic reforms and to the practical implementation of several of those reforms.
The China Miracle
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Author : Justin Yifu Lin
language : en
Publisher: The Chinese University of Hong Kong Press
Release Date : 2004-03-15
The China Miracle written by Justin Yifu Lin and has been published by The Chinese University of Hong Kong Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2004-03-15 with Business & Economics categories.
The tremendous success of China's economic reform, in contrast with the vast difficulties encountered by the former Soviet Union and Eastern European countries in their transition, has attracted worldwide attention. Using a historical, comparative and analytic approach grounded in mainstream economics, the authors develop a consistent and rational framework of state-owned enterprises and individual agents to analyze the internal logic of the traditional planning system. They also explain why the Chinese economy grew slowly before the market-oriented reform in 1979 but became one of the fastest growing economies afterwards, and why the vigour/chaos cycle became part of China's reform process. The book also addresses to the questions that whether China can continue its trend of reform and development and become the largest economy in the world in the early 21st century, and what the general implications of China's experience of development and reform are for other developing and transition economies. The first edition has been well-received and is the standard textbook or reference for students and researchers of China studies. In this thoroughly revised edition, the authors have updated the data and information in the book and include a new chapter on the impact of China's WTO accession on its economic reforms and causes of the current deflation.
China S Economic Reform
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Author : Robert Ash
language : en
Publisher: Routledge
Release Date : 2013-10-18
China S Economic Reform written by Robert Ash and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-10-18 with Business & Economics categories.
This book presents a collection and analysis of original policy documents, newly translated into English, from a key period of Chinese development, providing both a current and a retrospective analysis of China's economic reform efforts. Topics dealt with include the evolution of Chinese economic strategy; economic planning and the spread of market mechanisms; technology transfer in industry; evolution of an agricultural system; the development of population policy; and foreign economic relations. The collection will be of great interest not only to scholars and students of Chinese studies, but also to professionals and social scientists concerned with China but unable to read source documents in Chinese.
Two Decades Of Reform In China
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Author : Shangquan Gao
language : en
Publisher: World Scientific
Release Date : 1999
Two Decades Of Reform In China written by Shangquan Gao and has been published by World Scientific this book supported file pdf, txt, epub, kindle and other format this book has been release on 1999 with Political Science categories.
A planned economy system was set up in China in 1949, & its reform was launched in 1979. The reform has gone on for 20 years & has achieved globally recognized success. This book summarizes the successful experiences & points out the difficulties of the deep reform & the prospects for the 21st century. Rich in historical data & material, it provides valuable information for readers from universities, institutions & enterprises as well as government officials - whoever is interested in China & its economic reform. The author, a famous Chinese economist, has been involved in the leadership of the Chinese economic system's reform since its launch in 1979. In 1998 he was invited by the World Bank to give a series of seminars on China's economic reform, & most of the contents of those seminars are included in this book. Contents: Basic Achievements of Economic Reform; Basic Experiences of Economic Reform; Adjustment of China's Ownership Structure; Enterprises Reforms & Capital Market Development; The Labor Force Market; Institutional Reforms of China's Government; How to Dissolve the Negative Influence of Asian Financial Crisis on China.
China S Reform History Logic And Future
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Author : Guoqiang Tian
language : en
Publisher: Springer Nature
Release Date : 2022-10-03
China S Reform History Logic And Future written by Guoqiang Tian and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-10-03 with Business & Economics categories.
This book is about where to go and what to do in China’s reform. Its comprehensive overview and economic analysis of China’s reform offers a coverage not found in other English language text. It provides an overview of China’s development and reform practice, an economic analysis of China’s market-oriented reform and a brief introduction to the theoretical origin, practices, and defects of the planned economy. In so doing, this book demonstrates that the key to the success of China’s reform lies in drawing reasonable governance boundaries between government and the market and between government and society. It further discusses the basic elements required for modernizing China’s state governance system and conducts an analysis of China’s reform and development in 13 key fields. The analysis is based on three dimensions—theoretical logic, practical knowledge, and a historical perspective. This book proposes three elements of comprehensive state governance—inclusive economic institutions; the state capacity to plan and implement policies and laws; and an inclusive and transparent civil society with democracy, the rule of law, fairness, and justice. Its analysis also features the novel application of mechanism design theory by employing the two core ideas of information and incentives and a new research methodology consisting of “three dimensions and six natures”. This book reviews and grasps China’s reform through a qualitative analysis of economic theories and an empirical analysis of statistics from a historical perspective spanning over 180 years. It is proposed to be an important reference for understanding the past, present, and future of China’s reform and teaching about the potential economic superpower. It can also serve as an essential resource for those who are interested in China's economic reform and development.