Understanding China S Socialist Market Economy

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How China Became Capitalist

Author : R. Coase,N. Wang
Publisher : Springer
Page : 256 pages
File Size : 49,9 Mb
Release : 2016-04-30
Category : Business & Economics
ISBN : 9781137019370

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How China Became Capitalist by R. Coase,N. Wang Pdf

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.

Understanding China's Economy

Author : Gregory C. Chow
Publisher : World Scientific
Page : 292 pages
File Size : 45,6 Mb
Release : 1994
Category : Business & Economics
ISBN : 9810218583

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Understanding China's Economy by Gregory C. Chow Pdf

In the early 1990's, the world began to recognize China as a rising economic power to reckon with. China's economy is dynamic ? her human and natural resources are plentiful and her economic growth has been well sustained over the last 16 years. In fact, some have predicted that by the year 2020, China's economic output will be close to half that of the US. It is undeniable that China will be an economic giant, if she is not already one today.In this book, the author has traced China's economic development over the last 16 years. The steps and characteristics of China's economic reform are detailed. The prospects for China's economic growth are studied. The author also attempts to analyze topical issues pertaining to China's economic relations with the US and her integration with the other Asian economies. This book provides the interested reader with a bird's eye view of the Chinese economy over the last 16 years. Most chapters are written for the general reader, while a few are for professional economists. For the questions it answers or for those that it raises, this is an important book to read.

The Socialist Market Economy in Asia

Author : Arve Hansen,Jo Inge Bekkevold,Kristen Nordhaug
Publisher : Springer Nature
Page : 358 pages
File Size : 54,7 Mb
Release : 2020-10-26
Category : History
ISBN : 9789811562488

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The Socialist Market Economy in Asia by Arve Hansen,Jo Inge Bekkevold,Kristen Nordhaug Pdf

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.

China's Transition to a Socialist Market Economy

Author : Osman Suliman
Publisher : Bloomsbury Publishing USA
Page : 225 pages
File Size : 43,5 Mb
Release : 1998-09-17
Category : Business & Economics
ISBN : 9780313007798

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China's Transition to a Socialist Market Economy by Osman Suliman Pdf

Exploring China's transition to a socialist market economy, this book finds that the recent Chinese experience is unique and unprecedented. It seems plausible that the distinctive characteristics of China's market reform have been a result of correcting the big bang approach of Eastern European countries and unique conditions that China possesses. For instance, China is endowed with a relatively high level of skilled labor and a large workforce. Moreover, China has been experimenting with reform and profit-sharing for a number of years, especially in the coastal provinces. This book juxtaposes native Chinese experiences with those of academics in the U.S. It integrates the ideas of those living the experience in China with the perceptions of outside observers who might be able to offer constructive criticism. The book covers various topics, such as macroeconomic policy, reform within economic sectors, and strategies for sustainable development, while making sure that the reader will not find it difficult to follow the process of reform and the main impediments that China may face.

From Accelerated Accumulation to Socialist Market Economy in China

Author : Kjeld Erik Brodsgaard,Koen Rutten
Publisher : BRILL
Page : 229 pages
File Size : 53,9 Mb
Release : 2017-04-03
Category : Business & Economics
ISBN : 9789004330092

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From Accelerated Accumulation to Socialist Market Economy in China by Kjeld Erik Brodsgaard,Koen Rutten Pdf

In From Accelerated Accumulation to Socialist Market Economy in China, Kjeld Erik Brødsgaard and Koen Rutten examine China’s indigenous economic discourse and its relation to both economic policy-making and the overall trajectory of development from the First Five Year Plan in 1953 to 2016. In so doing, this volume demonstrates that although the form of the current economic system and its theoretical underpinnings bear scant resemblance to those of the planned economy, economic policy-making still relies on the principle of accelerated accumulation, which lay at the heart of the economic development project in the early years of the People’s Republic.

Understanding China's Economic Performance

Author : Jeffrey Sachs,Wing Thye Woo
Publisher : Unknown
Page : 68 pages
File Size : 51,8 Mb
Release : 1997
Category : China
ISBN : UOM:39015041791297

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Understanding China's Economic Performance by Jeffrey Sachs,Wing Thye Woo Pdf

Broadly speaking, two schools of thought have emerged to interpret China's rapid growth since 1978:the experimentalist school and the convergence school. The experimentalist school attributes China's successes to the evolutionary, experimental, and incremental nature of China's reforms. Specifically, the resulting non-capitalist institutions are said to be successful in (a) agri- culture where land is not owned by the farmers; (b) township and village en- terprises (TVEs) which are owned collectively by rural communities; and (c) state owned enterprises (SOEs) where increased competition and increased wage incentive, not privatization, have been emphasized. The convergence school holds that China's successes are the result of its institutions being allowed to converge with those of non-socialist market economies, and that China's economic structure at the start of reforms is a major reason for the fast growth. China had a high population density heavily concentrated in low-wage agriculture which was favorable for labor-intensive export-led growth in other parts of East Asia. The convergence school also holds that China's gradualism results mainly from a lack of consensus over the proper course, with power divided between market reformers and old-style socialists; and that the 'inno- ative economic circumstances. Perhaps the best test of the two approaches is whether China's policy choices are in fact leading to institutions harmonized with normal market economies or to more distinctive innovations. The recent policy trend has been towards institutional harmonization rather than institutional innovation, suggesting that the government accepts that the ingredients for a dynamic market economy are already well-known.

Varieties of State Regulation

Author : Yukyung Yeo
Publisher : BRILL
Page : 218 pages
File Size : 43,6 Mb
Release : 2022-03-07
Category : Political Science
ISBN : 9781684176243

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Varieties of State Regulation by Yukyung Yeo Pdf

In Varieties of State Regulation, Yukyung Yeo explores how, despite China’s increasing integration into the global market, the Chinese central party-state continues to oversee the most strategic sectors of its economy. Since the 1990s, as major state firms were spun off from the ministries that managed them under the central planning system, the nature of the state in governing the economy has been remarkably transformed into that of a regulator. Based on over a hundred interviews conducted with Chinese central and local officials, firms, scholars, journalists, and consultants, the book demonstrates that the form of central state control varies considerably across leading industrial sectors, depending on the dominant mode of state ownership, conception of control, and governing structure. By analyzing and comparing institutional dynamics across various sectors, Yeo explains variations in the pattern of China’s regulation of its economy. She contrasts the regulation of the automobile industry, a relatively decentralized sector, with the highly-centralized telecommunications industry, and demonstrates how China’s central party-state maintains regulatory authority over key local state-owned enterprises. Placing these findings in historical and comparative contexts, the book presents the evolution and current practice of state regulation in China and examines its compatibility with other contemporary government practices.

通向中国社会主义市场经济之路(英文)

Author : 徐桂华著
Publisher : BEIJING BOOK CO. INC.
Page : 409 pages
File Size : 49,6 Mb
Release : 2020-09-01
Category : Business & Economics
ISBN : 9787119123646

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通向中国社会主义市场经济之路(英文) by 徐桂华著 Pdf

本书由“当前我国所处社会发展阶段”“中国的社会主义市场经济”“可行的社会主义股份制”、“关于‘国际经济大循环’的讨论”“‘三农’问题是全部工作的‘重中之重”’“中国资本市场的探索与思考”“中国经济安全的国家战略和对策”“经济学应重视方法论的变革与创新”七部分组成,集中体现了本书作者在改革开放以来,积极参与经济体制改革,提出了一系列时至今日仍然非常有意义、有价值的观点,见证了中国经济体制的转型,见证了中国市场经济的发展。

Market and Socialism

Author : János Kornai,Yingyi Qian
Publisher : Palgrave MacMillan
Page : 280 pages
File Size : 43,5 Mb
Release : 2009
Category : Business & Economics
ISBN : UOM:39015082766372

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Market and Socialism by János Kornai,Yingyi Qian Pdf

This book explores the encounters with market socialism through reforms in China and Vietnam and looks at the distinctions between market socialism and capitalism. The book discusses whether market socialism is compatible with economic integration and whether state ownership can be reconciled with a market economy.

China

Author : Shiwei Shao
Publisher : World Bank Publications
Page : 174 pages
File Size : 54,6 Mb
Release : 1997
Category : Political Science
ISBN : 0821339133

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China by Shiwei Shao Pdf

Based on a report by a World Bank task force, this book provides a candid assessment of the Bank's operations in Sub-Saharan Africa. The book examines how the Bank can strengthen its operational response to poverty and improve food security, recommends improvements and innovative approaches to poverty reduction, and discusses ways of strengthening and making further use of regional initiatives. Although the report identifies improvements in the work on poverty reduction that have taken place since 1995, it finds that much remains to be done: * On average, 45 to 50 percent of Sub-Saharan Africans live below the poverty line, a much higher proportion than any other region of the world except South Asia. * The commitment of governments to poverty reduction is usually weak; only about 12 African governments have such a commitment. * Economic growth rates are generally far too low to reduce poverty significantly; growth rates of 6.5 percent per year are required for countries in this region to reduce poverty at an acceptable rate. * The World Bank's lending has emphasized growth, focusing almost 58 percent of its assistance to the region on creating the mechanisms for growth through policy change and large-scale investments. * The World Bank's focus on poverty reduction in programming and lending must intensify in all its operational work. * All development partners should establish stronger collaboration in planning their assistance programs.

China and Socialism

Author : Martin Hart-Landsberg,Paul Burkett
Publisher : Unknown
Page : 166 pages
File Size : 52,7 Mb
Release : 2005-03
Category : Business & Economics
ISBN : UCSC:32106018005600

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China and Socialism by Martin Hart-Landsberg,Paul Burkett Pdf

China is the fastest-growing economy in the world today. For many on the left, the Chinese economy seems to provide an alternative model of development to that of neoliberal globalization. Although it is a disputed question whether the Chinese economy can be still described as socialist, there is no doubting the importance for the global project of socialism of accurately interpreting and soberly assessing its real prospects. China and Socialism argues that market reforms in China are leading inexorably toward a capitalist and foreign-dominated development path, with enormous social and politcal costs, both domestically and internationally. The rapid economic growth that accompanied these market reforms have not been due to efficiency gains, but rather to deliberate erosion of the infrastructure that made possible a remarkable degree of equality. The transition to the market has been based on rising unemployment, intensified exploitation, declining health and education services, exploding government debt, and unstable prices. At the same time, China's economic transformation has intensified the contradictions of capitalist development in other countries, especially in East Asia. Far from being a model that is replicable in other Third World countries, China today is a reminder of the need for socialism to be built from the grassroots up, through class struggle and international solidarity.

Socialist Welfare in a Market Economy

Author : Yongxin Zhou,Nelson Chow,Yeubin Xu
Publisher : Routledge
Page : 133 pages
File Size : 51,8 Mb
Release : 2017-11-22
Category : Social Science
ISBN : 9781351768023

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Socialist Welfare in a Market Economy by Yongxin Zhou,Nelson Chow,Yeubin Xu Pdf

This title was first published in 2001. Using the city of Guangzhou as a case study, this text looks at how China has adopted a market economy, whilst still maintaining state-owned enterprises and an all-embracing social security system which protects the majority of Chinese workers. This volume examines three questions: can socialist social welfare co-exist with the market economy?; can state-owned enterprises survive in a market economy?; and has China succeeded in creating a market economy without sacrificing its socialist ideals? The study demonstrates that compromises have been necessary to accomodate both socialist and market objectives. continuing to support workers with social security benefits has, for example, made enterprises less competitive, and disparities in benefits arise as workers are allowed to supplement the minimum guaranteed income through savings in individual accounts.

China’s Economic Reform

Author : Zhang Yu
Publisher : Routledge
Page : 293 pages
File Size : 53,7 Mb
Release : 2017-10-12
Category : Business & Economics
ISBN : 9781351613118

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China’s Economic Reform by Zhang Yu Pdf

China’s growth miracle over the past 30 years has propelled it to become the world’s second largest economy and potentially the largest in the following years. This book examines China’s experience on economic reform, trying to find the reasons for the sustainable and rapid development and provide insights into the study of economic theories. From the perspective of political economics, this book elaborates on China’s socialist market economy which was officially confirmed as the goal of the country’s economic reform in 1992. It expounds on China’s economic model, the relationship between socialism and market economy, as well as the establishment and improvement of socialist market economy in China, deepening the studies in the laws governing China’s economic development. Then, it explores the gradual reform, the reform of state-owned enterprises, and the relationship between governments and market, all of which are crucial to the success of China’s economic reform. Finally, based on the analysis above, this book discusses the reasons for the constant and rapid development of China’s economy. With detailed analysis on the reform experience and theoretical implications, this book will appeal to scholars and students studying China’s economy, and contribute to the development of economic theories.

China's Socialist Economy

Author : Muqiao Xue
Publisher : Unknown
Page : 344 pages
File Size : 42,9 Mb
Release : 1981
Category : China
ISBN : UOM:39015022957636

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China's Socialist Economy by Muqiao Xue Pdf

Study on the socialist economic reconstruction of China - discusses the historical and theoretical background (Marxism), collective economy, agricultural development, industrial development (incl. Small scale industries), distribution, wage structure, role of commoditys and money supply, price policies, economic planning, human resources planning, of centralization of economic administration, economic policies for modernization, social structure, social conflicts, etc. References.