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China's Great Economic Transformation - Loren Brandt

China's Great Economic Transformation

By: Loren Brandt (Editor), Thomas G. Rawski (Editor)

Hardcover

Published: 1st March 2008
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This landmark study provides an integrated analysis of China's unexpected economic boom of the past three decades. The authors combine deep China expertise with broad disciplinary knowledge to explain China's remarkable combination of high-speed growth and deeply flawed institutions. Their work exposes the mechanisms underpinning the origin and expansion of China's great boom. Penetrating studies track the rise of Chinese capabilities in manufacturing and in research and development. The authors probe both achievements and weaknesses across many sectors, including China's fiscal, legal, and financial institutions. The book shows how an intricate minuet combining China's political system with sectoral development, globalization, resource transfers across geographic and economic space, and partial system reform delivered an astonishing and unprecedented growth spurt. The volume chronicles many shortcomings, but concludes that China's economic expansion is likely to continue during the coming decades.

'This impressive collection of twenty chapters provides a comprehensive, penetrating, and timely analysis of China's remarkable economic transformation in the past three decades, one of the most significant economic events with global importance. All of the chapters are written by some of today's most active experts on China's economy, and many chapters jointly with the distinguished experts in the specific area of the discipline. The authors do not analyze China's case in isolation but place it in the general context of economic development and transition and the experiences of other economies; and they do not simply amass the numbers but interpret the data in light of economic theories. It is a valuable book for those who want to gain an in-depth knowledge about China's economic achievements, shortcomings, and challenges.' Yingyi Qian, University of California, Berkeley 'China's Great Economic Transformation of the last thirty years is one of the most important economic events in history. The volume edited by Brandt and Rawski, with contributions from an impressive array of world class China scholars and economists, is by far the most comprehensive attempt to date at understanding this phenomenon. This volume will be for many years to come the top reference to understand China's growing role in the world economy.' Gerard Roland, Berkeley University 'This book collects masterful surveys of all important aspects of the Chinese economy by some of the leading experts in the field. The sheer comprehensiveness is impressive. It is highly useful to both people who need a quick introduction to the subject and to other China researchers.' Shang-Jin Wei, Graduate School of Business, Columbia University

China's great economic transformation
China and development economics
China in light of the performance of Central and East European economies
A political economy of China's economic transition
The demographic factor in China's transition
The Chinese labor market in the reform era
Education in the reform era
Environmental resources and economic growth
Science and technology in China
The political economy of private sector development in China
The role of law in China's economic development Donald Clarke
China's fiscal system: a work in progress
Agriculture in China's development: past disappointments, recent successes and future challenges
China's financial system: past, present, and future
China's industrial development
China's embrace of globalization
Growth and structural transformation in China
Income inequality during China's economic transition
Spatial dimensions of Chinese economic development
Forecasting China's economic growth over the next two decades
Table of Contents provided by Publisher. All Rights Reserved.

ISBN: 9780521885577
ISBN-10: 0521885574
Audience: Professional
Format: Hardcover
Language: English
Number Of Pages: 930
Published: 1st March 2008
Publisher: Cambridge University Press
Country of Publication: GB
Dimensions (cm): 22.8 x 15.2  x 4.9
Weight (kg): 1.43