The Chinese Economy: Adaptation and Growth (The MIT Press)

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Product details:

• ISBN-10 ‏ : ‎ 0262534797
• ISBN-13 ‏ : ‎ 978-0262534796
• Author: Barry J. Naughton

This comprehensive overview of the modern Chinese economy by a noted expert on China’s economic development offers a quality and breadth of coverage not found in any other English-language text. In The Chinese Economy, Barry Naughton provides both a broadly focused introduction to China’s economy since 1949 and original insights based on his own extensive research. This second edition has been thoroughly revised to reflect a decade of developments in China’s economy, notably the end of the period of “miracle growth” and the multiple transitions it now confronts—demographic, technological, macroeconomic, and institutional. Coverage of macroeconomic and financial policy has been significantly expanded.

Table of contents:

1 Introduction: The Chinese Economy in Context 1

1 Legacies and Setting 21

2 The Geographic Setting 23

3 The Chinese Economy Before 1949 43

4 The Socialist Era, 1949-1978: Big Push Industrialization and Policy Instability 65

5 Market Transition: Strategy and Process 95

6 The Urban-Rural Divide and Chinese-style Urbanization 127

II Patterns of Growth and Development 153

7 Growth and Structural Change 155

8 Population: Demographic Transition, the Demographic Dividend, and the One-Child Policy 185

9 Labor and Human Capital 209

10 Living Standards: Income, Inequality, and Poverty 237

III The Rural Economy 257

11 Rural Organization 259

12 Agriculture: Technology, Production, and Policy 279

13 Rural Industrialization: From Township and Village Enterprises to Taobao Villages 307

IV The Urban Economy 331

14 Industry: Ownership and Corporate Governance 333

15 Technology and Industrial Policy 363

V China and the World Economy 395

16 International Trade 397

17 Foreign Investment and the Capital Account 423

VI Macroeconomics and Finance 451

18 Macroeconomic Policy: Instruments and Outcomes 453

19 The Financial System 479

20 The Fiscal System 513

VII Conclusion: China’s Future 541

21 Environmental Quality and the Sustain ability of Growth 543

Index 571

Title tag

Understanding the Growth and Adaptation of the Chinese Economy
The Evolution and Growth of the Chinese Economy: A Comprehensive Study
Navigating the Chinese Economy: Insights into Its Adaptation and Growth