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πŸ“

The Logic of Economic Reform in China

✍ Scribed by Xiaojing Zhang, Xin Chang (auth.)


Publisher
Springer-Verlag Berlin Heidelberg
Year
2016
Tongue
English
Leaves
214
Series
China Insights
Edition
1
Category
Library

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✦ Synopsis


This book provides a historical overview of Chinese economic reform over the past 30 years. From the genesis of the reform to the gradual improvement of the market system, and then to the re-start of the critical stage of the reform, this book includes not only research on the reform process, but also detailed descriptions of the key areas of reform since the Third Plenary Session of the 18th CPC Central Committee. On this basis, the author develops six logics for Chinese economic reform. Firstly, reform is cyclical, moving between rapid advances and deadlock; this calls upon us to re-examine the common view of reform. Secondly, reform is systematic; it cannot succeed without supporting reforms in other fields. Thirdly, the relationship between reform, development and stability should be properly handled. This β€œtrinity” is quite different from the perspective of western mainstream theory, which puts too much emphasis on efficiency. Fourthly, the success of Chinese reform was not achieved by chance. The reform practice is based on the theoretical logic, and also goes beyond the debate between progressive and radical modes. Fifthly, the Top-level Design should be combined with β€œcrossing the river by moving from stone to stone,” i.e., the theoretical basis of reform should be combined with reform practice. Sixthly and lastly, the ongoing reform in China must be understood in the contexts of global competition and reform competition.

✦ Table of Contents


Front Matter....Pages i-xvii
The Beginning of Reform....Pages 1-11
Crossing the River by Feeling the Stones....Pages 13-34
The Overall Advancement of Reform....Pages 35-49
Development of Open Economy....Pages 51-70
Reform of Macro Management System....Pages 71-92
System Transition and Development Transformation....Pages 93-110
China’s Reform Under the Global Perspective....Pages 111-125
The Reform Has Dived in the Key Stage....Pages 127-148
Better Play the Role of the Government: Reconstruction of the Government Functions....Pages 149-167
Playing the Decisive Role of the Market: Reform in Key Sectors....Pages 169-196
Conclusion....Pages 197-200

✦ Subjects


Development Economics; Economic Growth; Macroeconomics/Monetary Economics//Financial Economics


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