Chinas Economic Transformation 2e - Softcover

Chow, Gregory C.

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9781405156240: Chinas Economic Transformation 2e

Softcover

ISBN 10: 1405156244 ISBN 13: 9781405156240

Publisher: John Wiley &Sons, 2010

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Will China's recent economic growth continue at the same rate? For how long? What obstacles lie in the way of sustained growth? Who gains and why? Gregory Chow covers these and many other issues.

Provides a penetrating and comprehensive analysis of the historical, institutional and theoretical factors that have contributed to China's economic success
Reveals new findings concerning the roles of market institutions, Chinese human capital, private ownership, forms of government, political conditions, and bureaucratic economic institutions
The new edition covers a diverse set of important issues: environmental restraints; income distribution; rural poverty; the education system; healthcare; exchange rate policies; monetary policies; and financial regulation.

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Book Description:

In the last two decades, reform in China has resulted in phenomenal economic growth for the world's most populous country. In this second edition of the successful book China's Economic Transformation, Gregory Chow uses insights gained from over twenty years of teaching and traveling, as well as his work with government officials and academics, to address the motivation behind China's economic success. Combining historical-institutional and theoretical-quantitative approaches, Chow provides a penetrating and comprehensive analysis of the factors which have contributed to this transformation. Introducing the reader to the inner workings of the Chinese economy and detailing the process its transformation into a market economy, Chow observes the economics of institutional changes taking place within the country, the role of China's government, and the significance of the historic and cultural traditions of the country. Chow's knowledge of what has happened and what is happening in China leads him to forecast its economic future, and the inevitable worldwide implications.

From the Back Cover:

In the last two and a half decades, reform in China has resulted in phenomenal economic growth for the world’s most populous country. In this second edition of the successful book, Gregory Chow uses insights gained from over twenty years of teaching and traveling, as well as his work with government officials and academics, to address the transformation, development, and functioning of China’s economy.

Chow combines historical-institutional and theoretical-quantitative approaches to provide a penetrating and comprehensive analysis of the factors that have contributed to China’s economic transformation. Introducing the reader to the inner workings of the Chinese economy and details the process of its transformation into a market economy, Chow observes the economics of institutional changes taking place, the role of China’s government, and the significance of the historic and cultural traditions of the country. Chow’s knowledge of what has happened and what is happening in China helps him identify the major causes of economic change and development.

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