Chinese Economy and Its Future

Chinese Economy and Its Future : Achievements and Problems of Post-Mao Reform

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The Chinese Economy and Its Future is a comprehensive reappraisal of the last decade of economic reforms in China, covering the nature of, and prospects for, economic and social change. For more than thirty years China's economy was developed along the lines of the Stalinist planning system. It produced some good results but encountered many difficulties. Following the death of Mao in 1976, a wide-ranging programme of economic reform was set in motion, opening the economy up to the influence of market forces both domestically and internationally. This entirely original set of essays specially commissioned for this volume is distinguished both by the wide range of its coverage and the sober realism of its analysis. A distinguished group of Chinese and Western economists assess the nature and impact of reforms in particular spheres such as agriculture, industry, international trade, banking, investment, prices, living standards and regional more

Product details

  • Hardback | 296 pages
  • 152 x 229 x 25.4mm | 581g
  • Polity Press
  • Oxford, United Kingdom
  • English
  • 9 figures, 17 tables
  • 0745605222
  • 9780745605227

Table of contents

Preface 1. Introduction: Peter Nolan Part I: Overviews 2. Where is China Going? Carl Riskin 3. Reform of the Economic Operating Mechanism and Reform of Ownership: Dong Fureng 4. Market Socialism and Democracy: Bruce McFarlane 5. Dynamic Equilibrium in Socialist Economic Reform: Li Yining 6. China's New Development Path: Towards Capitalist Markeys, Market Socialism or Bureaucratic Market Muddle? Peter Nolan Part II: Aspects of the Reforms 7. Prices: Tian Yuan 8. Enterprise Reform: Jiang Yiwei 9. The Stock Market in a Socialist Economy: Ajit Singh 10. The Rural Economy: Du Runsheng 11. Income Distribution: Zhao Renwei 12. Technological Policy: Peter Wiles 13. The Fiscal System: Liu Hongru 14. The Investment System: Wang Jiye 15. Energy Policy: Austin Robinson 16. Foreign Trade: Zhou Xiaochuan 17. The Regional Economy: Chen more