Demystifying the Chinese Economy

Demystifying the Chinese Economy

by Lin, Justin Yifu

Type Book
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China was the largest and one of the most advanced economies in the world before the eighteenth century, yet declined precipitately thereafter and degenerated into one of the world's poorest economies by the late nineteenth century. Despite generations' efforts for national rejuvenation, China did not reverse its fate until it introduced market-oriented reforms in 1979. Since then it has been the most dynamic economy in the world and is likely to regain its position as the world's largest econo…

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Title Statements

  • Full title :Demystifying the Chinese Economy.

Summary

China was the largest and one of the most advanced economies in the world before the eighteenth century, yet declined precipitately thereafter and degenerated into one of the world's poorest economies by the late nineteenth century. Despite generations' efforts for national rejuvenation, China did not reverse its fate until it introduced market-oriented reforms in 1979. Since then it has been the most dynamic economy in the world and is likely to regain its position as the world's largest economy before 2030. Based on economic analysis ...

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Edition Statements

  • Publication Date:2012.

Publication Statements

The Physical Object

  • Description:311 p.

Edition Identifiers

  • ISBN:9780521191807, 0521191807, 0521181747, 9780521181747
  • oclc:ocn770496690
  • Dewey Decimal:330.951058

Table of Contents

List of figures; List of tables; List of boxes; Preface; 1. Opportunities and challenges in China's economic development; 2. Why the Scientific and Industrial Revolutions bypassed China; 3. The great humiliation and the Socialist Revolution; 4. The comparative advantage-defying, catching-up strategy and the traditional economic system; 5. Enterprise viability and factor endowments; 6. The comparative advantage-following development strategy 7. Rural reform and the three rural issues; 8. Urban reform and the remaining issues; 9. Reforming the state-owned enterprises; 10. The financial reforms; 1 Deflationary expansion and building a new socialist countryside; 12. Improvin the market system and promoting fairness and efficiency for harmonious development; 13. Reflections on neoclassical theories; Appendix 1. Global imbalances, reserve currency and global economic governance; Index.

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