Rapid growth in the Chinese economy over the past three decades poses puzzles and challenges to neo-classical economic theory, as policies implemented during the reform process were often unorthodox. This book features a series of case studies on the policy process of different initiatives, including rural industrialization, and fiscal reform.
Rapid growth in the Chinese economy over the past three decades poses puzzles and challenges to neo-classical economic theory, as policies implemented...
China s spectacular growth and poverty reduction has been accompanied by growing inequality which threatens the social compact and thus the political basis for economic growth. Chinese policy makers have realized the importance of the problem and have launched a series of investigations and policy initiatives to address the issues. The regional dimension of inequality rural/urban and inland/coastal dominates in a country as large as China, and especially with its particular history. Not surprisingly, regional inequality has come to loom large in the policy debate in China.
The policy...
China s spectacular growth and poverty reduction has been accompanied by growing inequality which threatens the social compact and thus the politic...
After three decades of spectacular economic growth in China, the problem is no longer how to achieve growth, but how to manage its consequences and how to sustain it. The most important consequence, at least as far as Chinese policy makers are concerned, is the rapidly growing inequality, between persons, between rural and urban areas, and between inland and coastal regions. At the same time, the institutions that have brought rapid growth so far are now under stress, and there is a need to reform and innovate on this front in order to sustain rapid growth, and to have growth with equity. The...
After three decades of spectacular economic growth in China, the problem is no longer how to achieve growth, but how to manage its consequences and ho...
