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portada The China Miracle: Development Strategy and Economic Reform
Type
Physical Book
Year
2003
Language
English
Pages
432
Format
Paperback
Weight
1
ISBN
9622019854
ISBN13
9789622019850

The China Miracle: Development Strategy and Economic Reform

Justin Yifu Lin (Author) · The Chinese University Press · Paperback

The China Miracle: Development Strategy and Economic Reform - Justin Yifu Lin

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19,29 €

Synopsis "The China Miracle: Development Strategy and Economic Reform "

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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