Synopses & Reviews
At the heart of China's remarkable economic growth is a new economic system, which has emerged out of radical reforms in virtually all areas of economic activity. Understanding this system is the key to understanding the Chinese economy. This book, the culmination of many years of research in Hong Kong and China, is a comprehensive account of these systemic reforms, as well as of their transferability to other economies in transition.
Table of Contents
1. Introduction
2. Institutional Changes in the Agricultural Sector
3. Changes in the Industrial System I: Administrative Reforms and Industrial Reorganization
4. Changes in the Industrial System II: Increased Enterprise Autonomy
5. Changes in the Industrial System III: Incentive Reforms
6. Reforms of the Price System
7. Reforms of the Financial System
8. The Open Door Policy I: Trade Liberalization
9. The Open Door Policy II: Foreign Direct Investment
10. The Role of the Non-State Sector
11. China's Transition: Overview and General Assessment