Private Enterprises and China's Economic Development

Private enterprises have contributed significantly to China's recent economic growth and will play a key role in achieving China's goal of building a comprehensively well-society. But how can private enterprises help China mitigate its macroeconomic problems such as unemployment, income inequality, financial disintermediation, and an unhealthy economic cycle? And what are the main obstacles to private enterprise development? Private Enterprises and China’s Economic Development answers these questions by identifying the range of cultural, political and financial challenges confronting China's private enterprises, and assessing their performance and potential. Contributors also analyse the experiences and lessons of other countries, and propose strategies and policies to help China promote private enterprise development.

Using the most up to date research on private enterprises, including detailed econometric analysis and national representative data, authors including economists, policy-makers and academics from the USA, China, Singapore and Canada comprehensively address the most important aspects of China’s private enterprise development. As such this book will appeal to students, scholars and policy-makers alike with an interested in the Chinese economy, economic growth, comparative economics and transitional economics.

Shuanglin Lin is the Noddle Distinguished Professor of Economics at the University of Nebraska, Omaha, and Chair of the Department of Public Finance at Peking University. He has served as the President of the Chinese Economists' Society. His research interests include public finance and economic development.

Xiaodong Zhu is Professor of Economics at the University of Toronto and Special Term Professor at Tsinghua University. He is an editor of the China Journal of Economics and serves on the editorial boards of several other international economics journals. His research interests include economic development and macroeconomics.