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Growth without Miracles
Readings on the Chinese Economy in the Era of Reform
Edited by Ross Garnaut and Edited by Yiping Huang
526 pages
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tables
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246x169mm
978-0-19-924060-9
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Hardback
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15 March 2001
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This item is printed to order. Items which are printed to order are normally despatched and charged within 5-10 days.
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- A comprehensive study of all aspects of China's economic reform written by international authorities in the field
China's economic reform constitutes one of the most remarkable events of the second half of the twentieth century. It not only significantly improved the living conditions of the Chinese population but also provides a useful model of economic transition from central planning to a market economy. The gradual approach to reform adopted by the Chinese was widely regarded as suboptimal and likely to fail when compared to the shock therapy method applied in the former Soviet Union and the Eastern European economies. But China has
outperformed other transitional economies.
To many observers the Chinese experience is either a myth or a miracle. This volume addresses key questions about the initial economic foundations, the reform of macroeconomic policies and macroeconomic stability, the achievements of agricultural reform and the agricultural policy choices facing the Chinese government, the unique characteristics of the township and village enterprises, the successful reform of the state-owned enterprises, the development of factor markets, the contributions of the external sectors to economic growth, the lessons of the Chinese experience for transitional economies, and the challenges for economic threory.
Growth without Miracles brings together thirty widely
cited articles by prominent economists in the field of China studies to offer authoritative and through assessment and analyses of Chinas experience during the reform period. It provides a complete story for teachers and students of courses on the Chinese economy and will be of considerable interest to researchers, officials, and business people who want to understand past experiences, current problems, and the future direction of the Chinese economy.Readership: Graduate students and teachers of courses on the Chinese economy and transitional economies; researchers, officials, and business people interested in systematic assessments of Chinese reform experiences, current problems, and the future direction of the
system.
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Edited by Ross Garnaut, Director, Asia Pacific School of Economics and Management, and Professor, Economics Division, Research School of Pacific and Asian Studies, The Australian National University, and Edited by Yiping Huang, Fellow, Research School of Pacific and Asian Studies
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Part 1 Introduction and Overview
Ross Garnaut: 1 The Economic Growth of the Chinese Economy: A Historical Perspective
Geoff Raby: 2 The Neither This nor That Economy
Dwight Perkins: 3 Completing Chinas Move to the Market
Part 2 Economic Foundations Before Reform
Mark Elvin: 4 Foundations for the Future: The Building of Modern Machinery in Shanghai before the Pacific War
Justin Yifu Lin, Fang Cai, and Zhou Li: 5 Pre-reform Economic Development in China
E. L. Jones: 6 A Long-Term Appraisal of Country Risk
Part 3 Macroeconomic Policy and Stability
Ross Garnaut and Guonan Ma: 7 Economic Growth and Stability in China
Shahid Yusuf: 8 Chinas Macroeconomic Performance and Management during Transition
Part 4 Agricultural Policy
Terry Sicular: 9 Plan and Market in Chinas Agricultural Commerce
Justin Yifu Lin: 10 Rural Reforms and Agricultural Growth in China
Yongzheng Yang and Yiping Huang: 11 How Should China Feed Itself?
Part 5 Rural Industrialization
William Byrd and Alan Gelb: 12 Township, Village, and Private Industry in Chinas Economic Reform
Christopher Findlay and Andrew Watson: 13 Surrounding the Cities from the Countryside
Chun Chang and Yijiang Wang: 14 The Nature of the Township-Village Enterprise
Hehui Jin and Yingyi Qian: 15 Public vs. Private Ownership of Firms: Evidence from Rural China
Part 6 Enterprise Reform and Industrial Development
Gary H. Jefferson and Thomas G. Rawski: 16 Enterprise Reform in Chinese Industry
Groves, Y. Hong, John McMillan, and Barry Naughton: 17 Incentives and Autonomy in Chinese State Enterprises
Jeffrey Sachs and Wing Thye Woo: 18 The State Sector under Reform
Yiping Huang and Xin Meng: 19 Chinas Industrial Growth and Efficiency: A Comparison between the State and the TVE sectors
Part 7 Factor Markets and Income
John Knight and Lina Song: 20 Towards a Labour Market in China
Loraine A. West and Christine P. W. Wong: 21 Fiscal Decentralization and Growing Regional Disparities in Rural China: Some Evidence in the Provision of Social Services
R. G. Gregory and Xin Meng: 22 Wage Determination and Occupational Attainment in the Rural Industrial Sector of China
Azizur Rahman Khan and Carl Riskin: 23 Income and Inequality in China: Composition, Distribution, and Growth of Household Income, 1988 to 1995
Part 8 External Sector
Nicolas R. Lardy: 24 The Role of Foreign Trade and Investment in Chinas Economic Transformation
Ligang Song: 25 Institutional Change, Trade Composition, and Export Supply Potential in China
Yongzheng Yang: 26 Chinas WTO Membership: Whats at Stake?
Ross Garnaut and Yiping Huang: 27 Chinas Integration into the World Economy
Part 9 Lessons from Chinas Experiences
John McMillan and Barry Naughton: 28 How to Reform a Planned Economy: Lessons from China
Jeffrey Sachs and Wing Thye Woo: 29 Structural Factors in the Economic Reforms of China
Gregory C. Chow: 30 Challenges of Chinas Economic System for Economic Theory
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The specification in this catalogue, including without limitation price, format, extent, number of illustrations, and month of publication, was as accurate as possible at the time the catalogue was compiled. Occasionally, due to the nature of some contractual restrictions, we are unable to ship a specific product to a particular territory. Jacket images are provisional and liable to change before publication.
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