This book examines how China's decentralization process has affected and will affect the country's macroeconomic performance and the functioning of the market. With an innovative application of game theory, the author develops an analytical framework that can explain the behaviour of the central and local governments under alternative institutional environments. The study also suggests how to establish desirable rules of games in China's political and economic institutions through appropriate reforms.
This book examines how China's decentralization process has affected and will affect the country's macroeconomic performance and the functioning of th...
Although China is generally considered to have suffered continuous deforestation over most of its history, forests were protected or even planted and maintained for centuries in some places. This study identifies six such cases. It uses historical evidence to show that individuals and communities act to manage resources sustainably for a number of reasons including economic benefit, religious or symbolic purposes, and that sustainability of the management system depends on the form of control exerted over the resource.
Although China is generally considered to have suffered continuous deforestation over most of its history, forests were protected or even planted and ...
This book provides a comprehensive overview and some economic analysis of China's economic reform experiences, particularly those since the late 1980s. It covers many institutional details of key aspects of the Chinese economy, including fiscal and monetary management, financial sector development, state-enterprise reform, international trade, foreign investment, decentralization and regional development. It is argued that while China has achieved a spectacular growth record over the past twenty years, and its reform efforts have successfully laid the foundation of a market-based economic...
This book provides a comprehensive overview and some economic analysis of China's economic reform experiences, particularly those since the late 1980s...
The transformation and industrialization of rural China is the underlying theme of this book. Using case studies of selected regions in south China where rural changes have been particularly dramatic, the book discusses and analyses (1) how, in the process of rural transformation, capital and labour are mobilized and reallocated, (2) some of the problems and consequences of rapid rural industrialization, (3) efforts of local governments to stabilize agriculture during the transition, and (4) the loss of farm land from urbanization and rural industrial growth.
The transformation and industrialization of rural China is the underlying theme of this book. Using case studies of selected regions in south China wh...