The Chinese Economy

Edited by Fang Cai · Justin Lin · Yong Cao
McGraw Hill Higher Education May 2009

Specifications

ISBN-13
9780071232067
Publisher
McGraw Hill Higher Education
Publication
May 2009
Format
Paperback , 570 pages
Jurisdiction
International ? Countri(es) for reference only

Details

The Chinese economy is dynamic and complex. It has undergone rapid as well as radical structural changes over the past three decades since economic reform began in 1978. At the beginning of the reform, China was a closed economy with a highly undeveloped economic development. It has now become one of the most important players in the global economy in international trade, international finance, international environmental development, and many other areas. 

This book aims to study the Chinese economy by looking at the nation's market-oriented reform of economic systems and market development. One has a direct impact on the other ' China's current economic success would not have been achieved without market-oriented reform, which progressed systematically and stably with the support of continuous economic development. The authors systematically discuss the progress of reform, the establishment of various markets and the market operation system, as well as the issues encountered in the process. With contributions from top economists in China today, The Chinese Economy is a must-read for international business investors, policy makers, researchers, and the layperson with a strong interest in understanding China's challenging and amazing economy.

Table of Contents

1 Historical View of the Chinese Economy 
2 Geographic Conditions and Natural Resources 
3 Population and the Changing Demographic Structure 
4 Allocation of the Labor Force and the Development of the Labor Market 
5 The Reform of the Banking System and the Development of the Financial Market 
6 Reforming and Developing the Agricultural Economy 
7 Reforms of the Industrial Enterprise System and the Development of the Industrial Economy 
8 Aggregate Economy and Macroeconomic Dynamics 
9 Economic Growth Pattern and Industrial Structural Change 
10 The Divergence of Regional Economic Growth and the Policies of Regional Development 
11 Integration into the World Economy 
12 Sustainable Development and Environmental Challenges for the Chinese Economy 
13 Government's Economic Function and Fiscal Policy 
14 The Establishment of the Social Security System 
15 Concluding Remarks: Achievements and Challenges

About the Author

Fang Cai

Dr Cai Fang, vice president of the Chinese Academy of Social Sciences and director of Institute of Population Studies at the Chinese Academy of Social Sciences, China. He obtained his PhD in economics from the Graduate School of the Chinese Academy of Social Sciences.



Justin Lin

Dr Justin Yifu Lin, chief economist and senior vice president of the World Bank. He is the founder and director of the China Center for Economic Research, former professor of economics at Beijing University, and at the Hong Kong University of Science and Technology. He obtained his PhD in economics from the University of Chicago.



Yong Cao

Dr Cao Yong, associate professor and former vice dean of Business School of Nanyang Technological University, Singapore and former research fellow of Institution of Economics of the Chinese Academy of Social Sciences. He obtained his PhD in economics from the Australia National University.

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