[PDF] The Market Economy And China eBook

Author : William Guanglin Liu
Publisher : State University of New York Press
Page : 394 pages
File Size : 28,26 MB
Release : 2015-09-01
Category : History
ISBN : 1438455690

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Since the economic liberalization of the 1980s, the Chinese economy has boomed and is poised to become the world's largest market economy, a position traditional China held a millennium ago. William Guanglin Liu's bold and fascinating book is the first to rely on quantitative methods to investigate the early market economy that existed in China, making use of rare market and population data produced by the Song dynasty in the eleventh century. A counterexample comes from the century around 1400 when the early Ming court deliberately turned agrarian society into a command economy system. This radical change not only shrank markets, but also caused a sharp decline in the living standards of common people. Liu's landmark study of the rise and fall of a market economy highlights important issues for contemporary China at both the empirical and theoretical levels.

Author : Arve Hansen
Publisher : Springer Nature
Page : 358 pages
File Size : 31,28 MB
Release : 2020-10-26
Category : History
ISBN : 9811562482

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This book is intended for policy-makers, academics and students of development studies, area studies, political economy, geography and political science. Three of the best global performers in terms of economic growth are authoritarian states led by communist parties. The ‘socialist market economy’ model employed in China, Vietnam and Laos performs better than the economic systems in countries at a similar level of income per capita on a wide range of development indicators, yet market reforms and governance failures have led to highly unequal societies and significant environmental problems. This book presents the first comparative study of development in these three countries. Written by country experts and scholars of development studies, it explores the ongoing quest for market versus state within their model, and the coherence of their development. Chapter 5 is available open access under a Creative Commons Attribution 4.0 International License via link.springer.com.

Author : Kjeld Erik Brodsgaard
Publisher : China Studies
Page : 218 pages
File Size : 26,42 MB
Release : 2017
Category : Business & Economics
ISBN : 9789004330085

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In From Accelerated Accumulation to Socialist Market Economy in China, Kjeld Erik Br�dsgaard and Koen Rutten shed new light on the changing discourse that has shaped China's idiosyncratic model of economic development.

Author : R. Coase
Publisher : Springer
Page : 268 pages
File Size : 28,77 MB
Release : 2016-04-30
Category : Business & Economics
ISBN : 1137019379

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How China Became Capitalist details the extraordinary, and often unanticipated, journey that China has taken over the past thirty five years in transforming itself from a closed agrarian socialist economy to an indomitable economic force in the international arena. The authors revitalise the debate around the rise of the Chinese economy through the use of primary sources, persuasively arguing that the reforms implemented by the Chinese leaders did not represent a concerted attempt to create a capitalist economy, and that it was 'marginal revolutions' that introduced the market and entrepreneurship back to China. Lessons from the West were guided by the traditional Chinese principle of 'seeking truth from facts'. By turning to capitalism, China re-embraced her own cultural roots. How China Became Capitalist challenges received wisdom about the future of the Chinese economy, warning that while China has enormous potential for further growth, the future is clouded by the government's monopoly of ideas and power. Coase and Wang argue that the development of a market for ideas which has a long and revered tradition in China would be integral in bringing about the Chinese dream of social harmony.

Author : Victor Nee
Publisher : Harvard University Press
Page : 450 pages
File Size : 36,45 MB
Release : 2012-06-19
Category : Business & Economics
ISBN : 0674065395

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Over 630 million Chinese escaped poverty since the 1980s, the largest decrease in poverty in history. Studying 700 manufacturing firms in the Yangzi region, the authors argue that the engine of China’s economic miracle—private enterprise—did not originate at the top but bubbled up from below, overcoming initial obstacles set up by the government.

Author : Perry Keller
Publisher : Routledge
Page : 541 pages
File Size : 18,62 MB
Release : 2017-07-05
Category : History
ISBN : 1351560689

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This volume concerns several aspects of China's changing market based economy. These include commercial contract enforcement, corporate structures, competition law and other issues related to China's membership in the WTO. In the past two decades, the rapid integration of China's economy into the global marketplace has created obligations and expectations of non-discrimination and regulatory transparency in domestic markets. The Chinese government has responded by demanding better governance within major companies, market sectors and public administration generally. However, as the articles in this volume show, it has struggled to find a corporate structure capable of absorbing external equity investment and participation but still amenable to direct and indirect state guidance. It has also moved cautiously in creating legal controls over unfair competition. Moreover, the protection of state owned enterprises, which serve as vehicles for domestic economic, social and political policy, has been a recurring issue in China's WTO trade disputes.

Author : Isabella M. Weber
Publisher : Routledge
Page : 256 pages
File Size : 16,70 MB
Release : 2021-05-26
Category : Business & Economics
ISBN : 042995395X

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China has become deeply integrated into the world economy. Yet, gradual marketization has facilitated the country’s rise without leading to its wholesale assimilation to global neoliberalism. This book uncovers the fierce contest about economic reforms that shaped China’s path. In the first post-Mao decade, China’s reformers were sharply divided. They agreed that China had to reform its economic system and move toward more marketization—but struggled over how to go about it. Should China destroy the core of the socialist system through shock therapy, or should it use the institutions of the planned economy as market creators? With hindsight, the historical record proves the high stakes behind the question: China embarked on an economic expansion commonly described as unprecedented in scope and pace, whereas Russia’s economy collapsed under shock therapy. Based on extensive research, including interviews with key Chinese and international participants and World Bank officials as well as insights gleaned from unpublished documents, the book charts the debate that ultimately enabled China to follow a path to gradual reindustrialization. Beyond shedding light on the crossroads of the 1980s, it reveals the intellectual foundations of state-market relations in reform-era China through a longue durée lens. Overall, the book delivers an original perspective on China’s economic model and its continuing contestations from within and from without.

Author : Yongnian Zheng
Publisher : Cambridge University Press
Page : 493 pages
File Size : 40,41 MB
Release : 2018-09-06
Category : Business & Economics
ISBN : 110847344X

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Uses the framework of 'market in state', to argue that the Chinese economy is state-centered, dominated by political principles over economic principles.

Author : Jinglian Wu
Publisher : LONG RIVER PRESS
Page : 326 pages
File Size : 49,45 MB
Release : 2005
Category : Business & Economics
ISBN : 9781592650637

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International interest in China is increasing. Not surprisingly, China-related news is hitting the headlines of leading international media. This is well grounded, given the fact that China is the largest developing country in the world with almost a quarter of the world's population. However, many reports on China are self-contradictory, which again reveals the complexities of a nation that has experienced dramatic change for over a century. For the outsider, it is virtually impossible to follow China's overriding trends of change without understanding its past and present. This book provides a chronological record of the major changes that have taken place in the Chinese economy over the past five decades.