In the first study in depth of this subject by an economist, the author focuses on a major problem--common to all planned economies--that has confronted the Chinese Communists: whether to centralize all controls in the hands of the planners, or to allow factory and farm managers some degree of autonomy regulated only by the indirect pressures of the market. Because the finding of a satisfactory solution has been of highest importance to Peking, this study of the issue throws light on the shifts and turns of Chinese economic policy in general and on the underlying nature and significance of...
In the first study in depth of this subject by an economist, the author focuses on a major problem--common to all planned economies--that has confront...
Although the relative size of the public sector has been much reduced worldwide since the early 1980s, it remains the dominant borrower from the banking system and responsible for the majority of the non-performing assets of banks. Drawing upon new firm-level survey data, this volume assesses how changes in the ownership structure of SOEs affect management, governance, innovation, and performance, comparing these SOEs to other types of firms in China. It also considers China's reform efforts against the experiences of other transition economies. The research reveals that the medium- and...
Although the relative size of the public sector has been much reduced worldwide since the early 1980s, it remains the dominant borrower from the banki...
Although the relative size of the public sector has been much reduced worldwide since the early 1980s, it remains the dominant borrower from the banking system and responsible for the majority of the non-performing assets of banks. Drawing upon new firm-level survey data, this volume assesses how changes in the ownership structure of SOEs affect management, governance, innovation, and performance, comparing these SOEs to other types of firms in China. It also considers China's reform efforts against the experiences of other transition economies. The research reveals that the medium- and...
Although the relative size of the public sector has been much reduced worldwide since the early 1980s, it remains the dominant borrower from the banki...
Although China's centrally planned economy is a little more than a shadow of its former self, the closely inter-linked reforms of the enterprise and banking sectors are still incomplete. The relative size of the state-owned enterprise sector has been much reduced, however, the sector remains the dominant borrower from the banking system and is responsible for the majority of bank non-performing assets. Thus in the interests of financial stability it is crucial to implement the remaining reform agenda. The accession to the WTO has also made it more urgent for China's most-dynamic state-owned...
Although China's centrally planned economy is a little more than a shadow of its former self, the closely inter-linked reforms of the enterprise and b...
China's economic growth since 1978 has transformed the country. People are richer, freer, and healthier than they have ever been, and if current growth rates are sustained, poverty will be eliminated in China by 2025. But China's economic growth has also created its own challenges. And Beijing's growing military power threatens to put it on a collision course with the United States. Dwight Perkins looks at the major obstacles that Beijing must yet surmount if it is to emerge as a rich country in the twenty-first century and considers the steps that China must take to succeed.
China's economic growth since 1978 has transformed the country. People are richer, freer, and healthier than they have ever been, and if current growt...
Agricultural Development in China explains how China's farm economy historically responded to the demands of a rising population. Dwight H. Perkins begins in the year A.D. 1368, the founding date of the Ming dynasty. More importantly, it marked the end of nearly two centuries of violent destruction and loss of life primarily connected with the rise and fall of the Mongols. The period beginning with the fourteenth century was also one in which there were no obvious or dramatic changes in farming techniques or in rural institutions. The rise in population and hence in the number of...
Agricultural Development in China explains how China's farm economy historically responded to the demands of a rising population. Dwight H...
China's rapid rise to become the world's second largest economy has resulted in an unprecedented impact on the global system and an urgent need to understand the more about the newest economic superpower. The Routledge Handbook of the Chinese Economy is an advanced level reference guide which surveys the current economic situation in China and its integration into the global economy. Internationally renowned lines up of scholars contribute essays on the key components of the contemporary economy and their historical foundations. Topics covered include: the history of the Chinese economy from...
China's rapid rise to become the world's second largest economy has resulted in an unprecedented impact on the global system and an urgent need to und...
The Economic Transformation of China is a collection of essays written by an eminent observer of the Chinese economy. The book covers the Chinese transformation beginning in the 1950s and continuing through the second decade of the twenty-first century. It includes an analysis of the forces that held China back before 1949, the nature of the economy as it operated under the Soviet model of development, and the transformation since 1978 into a “socialist market economy.” The essays of the post-1978 era reflect the author's view of the state of the reform effort at the time...
The Economic Transformation of China is a collection of essays written by an eminent observer of the Chinese economy. The book covers the Chinese tran...