ISBN 9789622019850 | 9622019854 Textbooks - "The China Miracle Development Strategy and Economic Reform" by Fang Cai Justin Yifu Lin Zhou Li Justin Yifu Lin Fang Cai Zhou Li

Authors: Fang Cai - Justin Yifu Lin - Zhou Li - Justin Yifu Lin; Fang Cai; Zhou Li
ISBN 10: 9622019854
ISBN 13: 9789622019850
Edition: Rev Sub
Release: July 11, 2003
Format: Paperback (432 pages)
List Price: $22.50
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List Price: $22.50

Tags: Business & Investing, General,

Book Description:
The tremendous success of China's economic reform, in contrast with the vast difficulties encountered by the former Soviet Union and Eastern European countries in their transition, has attracted worldwide attention. Using a historical, comparative and analytic approach grounded in mainstream economics, the authors develop a consistent and rational framework of state-owned enterprises and individual agents to analyze the internal logic of the traditional Chinese planning system. They also explain why the Chinese economy grew slowly before the market-oriented reform in 1979 but became one of the fastest growing economies afterwards, and why the vigor/chaos cycle became part of China's reform process. The book also addresses the questions: Can China continue its trend of reform and development and become the largest economy in the world in the early twenty-first century? What are the general implications of China's experience of development and reform for other developing and transition economies? In this revised edition, the authors update the data and information in the book and include a new chapter on the impact of China's WTO accession on its reform.

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The China Miracle: Development Strategy and Economic Reform

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