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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.
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"Lin, Cai and Li have produced an impressive and comprehensive overview of ... China's economic reforms. Both scholars and practitioners of the transition to market economies will gain new insight into the dynamics of the reform process."─Dwight H. Perkins, Harvard University
"This book on the fastest-growing economy in the world will be closely studied throughout the developing world and in donor circles in Washington, Brussels and Tokyo. Special attention is given to incremental reforms, trial and error and the blending of policy and institutional reforms. The China Miracle should be on the bookshelf of every teacher of development economics."─Carl K. Eicher, Michigan State University
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