Growing Out of the Plan is a comprehensive study of China's economic reforms, from their beginnings at the end of 1978 through the completion of many of the initial reform measures during 1993. The book focuses on industry and macroeconomic policy, using these to describe reform strategy in its entirety. In addition to being a thorough and reliable guide to the specifics of Chinese economic reform, the book highlights the distinctive features of Chinese reforms that differentiate them from those in Eastern Europe and the former Soviet Union. The author argues that the success of the reforms is not the result of carefully plotted strategy, although in hindsight the reforms seem to have added up to a coherent package. Perhaps most important in its connotations for other changing economies, the Chinese experience shows that gradual change of a command economy is feasible.
China's stunning growth rates have corresponded with the rise of 'state capitalism'. Since the mid-2000s, China's political economy has stabilized around a model where most sectors are marketized and increasingly integrated with the global economy; yet strategic industries remain firmly in the grasp of an elite empire of state-owned enterprises. What are the implications of state capitalism for industrial competitiveness, corporate governance, government-business relations, and domestic welfare? How does China's model of state capitalism compare with other examples of state-directed development in late industrializing countries? As China enters a phase of more modest growth, it is especially timely to understand how its institutions have adapted to new challenges and party-state priorities. In this volume, leading scholars of China's economy, politics, history, and society explore these compelling issues.
Growing Out of the Plan is a comprehensive study of China's economic reforms, from their beginnings at the end of 1978 through the completion of many of the initial reform measures during 1993. The book focuses on industry and macroeconomic policy, using these to describe reform strategy in its entirety. In addition to being a thorough and reliable guide to the specifics of Chinese economic reform, the book highlights the distinctive features of Chinese reforms that differentiate them from those in Eastern Europe and the former Soviet Union. The author argues that the success of the reforms is not the result of carefully plotted strategy, although in hindsight the reforms seem to have added up to a coherent package. Perhaps most important in its connotations for other changing economies, the Chinese experience shows that gradual change of a command economy is feasible.
This is the most comprehensive English-language overview of the modern Chinese economy, covering China's economic development since 1949 and post-1978 reforms - from industrial change and agricultural
For more than thirty years, Wu Jinglian has been widely regarded as China's mostcelebrated and influential economist. In the late 1970s, Wu (b. 1930) was one of a small group ofeconomic thinkers who b
The new edition of a comprehensive overview of the modern Chinese economy, revised to reflect the end of the "miracle growth" period.This comprehensive overview of the modern Chinese economy by a note
Despite many predictions of collapse and disintegration, China has managed to sustain unity and gain international stature since the Tiananmen crisis of 1989. Originally published in 2004, this volume addresses the 'fragmentation/disintegration thesis' and examines the sources and dynamics of China's resilience. Through theoretically informed empirical studies, the volume's authors look at key institutions for political integration and economic governance. They also dissect how difficult policies to regulate economic and social life (employment and migration, population planning, industrial adjustment, and regional disparities) are designed and implemented. The authors show that China's leaders have retained authoritarian political institutions, but have also reinforced and modified them, constructing fresh ones in the light of changing circumstances. Institutional and policy adaptations together have helped shore up political authority and create an environment for rapid growth, while
China: Adapting the Past, Confronting the Future combines original essays by leading experts with excerpts from primary sources, the latest scholarship, Chinese literature, and Western media reports t
Reforming Asian Socialism examines the process of transition from a centrally planned economy to a market economy, focusing on the development of new institutions and how markets are being created whe
