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Author: Yingyi Qian Publisher: MIT Press ISBN: 026253424X Category : Business & Economics Languages : en Pages : 414
Book Description
A noted Chinese economist examines the mechanisms behind China's economic reforms, arguing that universal principles and specific implementations are equally important. As China has transformed itself from a centrally planned economy to a market economy, economists have tried to understand and interpret the success of Chinese reform. As the Chinese economist Yingyi Qian explains, there are two schools of thought on Chinese reform: the “School of Universal Principles,” which ascribes China's successful reform to the workings of the free market, and the “School of Chinese Characteristics,” which holds that China's reform is successful precisely because it did not follow the economics of the market but instead relied on the government. In this book, Qian offers a third perspective, taking certain elements from each school of thought but emphasizing not why reform worked but how it did. Economics is a science, but economic reform is applied science and engineering. To a practitioner, it is more useful to find a feasible reform path than the theoretically best way. The key to understanding how reform has worked in China, Qian argues, is to consider the way reform designs respond to initial historical conditions and contemporary constraints. Qian examines the role of “transitional institutions”—not “best practice institutions” but “incentive-compatible institutions”—in Chinese reform; the dual-track approach to market liberalization; the ownership of firms, viewed both theoretically and empirically; government decentralization, offering and testing hypotheses about its link to local economic development; and the specific historical conditions of China's regional-based central planning.
Author: Yingyi Qian Publisher: MIT Press ISBN: 026253424X Category : Business & Economics Languages : en Pages : 414
Book Description
A noted Chinese economist examines the mechanisms behind China's economic reforms, arguing that universal principles and specific implementations are equally important. As China has transformed itself from a centrally planned economy to a market economy, economists have tried to understand and interpret the success of Chinese reform. As the Chinese economist Yingyi Qian explains, there are two schools of thought on Chinese reform: the “School of Universal Principles,” which ascribes China's successful reform to the workings of the free market, and the “School of Chinese Characteristics,” which holds that China's reform is successful precisely because it did not follow the economics of the market but instead relied on the government. In this book, Qian offers a third perspective, taking certain elements from each school of thought but emphasizing not why reform worked but how it did. Economics is a science, but economic reform is applied science and engineering. To a practitioner, it is more useful to find a feasible reform path than the theoretically best way. The key to understanding how reform has worked in China, Qian argues, is to consider the way reform designs respond to initial historical conditions and contemporary constraints. Qian examines the role of “transitional institutions”—not “best practice institutions” but “incentive-compatible institutions”—in Chinese reform; the dual-track approach to market liberalization; the ownership of firms, viewed both theoretically and empirically; government decentralization, offering and testing hypotheses about its link to local economic development; and the specific historical conditions of China's regional-based central planning.
Author: Huiyun Feng Publisher: University of Michigan Press ISBN: 0472131761 Category : Political Science Languages : en Pages : 331
Book Description
China’s Challenges and International Order Transition introduces an integrated conceptual framework of “international order” categorized by three levels (power, rules, and norms) and three issue-areas (security, political, and economic). Each contributor engages one or more of these analytical dimensions to examine two questions: (1) Has China already challenged this dimension of international order? (2) How will China challenge this dimension of international order in the future? The contested views and perspectives in this volume suggest it is too simple to assume an inevitable conflict between China and the outside world. With different strategies to challenge or reform the many dimensions of international order, China’s role is not a one-way street. It is an interactive process in which the world may change China as much as China may change the world. The aim of the book is to broaden the debate beyond the “Thucydides Trap” perspective currently popular in the West. Rather than offering a single argument, this volume offers a platform for scholars, especially Chinese scholars vs. Western scholars, to exchange and debate their different views and perspectives on China and the potential transition of international order.
Author: Yinxing Hong Publisher: Springer ISBN: 9812878432 Category : Business & Economics Languages : en Pages : 243
Book Description
This book by the renowned Chinese scholar Dr. Yinxing Hong provides the reader with a perceptive analysis of what has worked in China’s development model. Over the past 30 years, China has experienced a remarkable economic rise, but it now faces the challenge of switching the drivers of this economic growth, which have proven so successful. The path has not been an easy one, and many challenges lie ahead. However, the rise of the Chinese economy has been the most significant global development in recent years. Is there a specific Chinese model? How was the Chinese transition, from a Soviet-style economic structure to one that is more open to market influences and the global market, achieved? In 15 essays, Dr. Hong provides fascinating insights to these and other key questions. The essays cover the challenges involved in transition and how the market-oriented reforms progressed; what the consequences of the transition were for public goods provision and how China opened up its economic system. The essays in Part II address the remaining challenges facing rural areas trying to develop a more consumer-driven economic base, and how to effectively modify the model of economic development. This book provides a sound basis for policymakers and scholars alike, as well as anyone who wants to get an insider’s view of the progress and challenges faced by China’s economic development.
Author: Guoguang Wu Publisher: Routledge ISBN: 1317501209 Category : Social Science Languages : en Pages : 228
Book Description
As China moved from a planned to a market economy many people expected that China’s political system would similarly move from authoritarianism to democracy. It is now clear, however, that political liberalisation does not necessarily follow economic liberalisation. This book explores this apparent contradiction, presenting many new perspectives and new thinking on the subject. It considers the path of transition in China historically, makes comparisons with other countries and examines how political culture and the political outlook in China are developing at present. A key feature of the book is the fact that most of the contributors are China-born, Western-trained scholars, who bring deep knowledge and well informed views to the study.
Author: Steve Chan Publisher: Routledge ISBN: 1134069839 Category : Political Science Languages : en Pages : 210
Book Description
This volume analyzes the extent of ongoing power shifts among the leading powers, exploring the portents for their future growth, and seeking indicators of their relative commitment to the existing international order.
Author: Shoujun Cui Publisher: Springer ISBN: 113754080X Category : Political Science Languages : en Pages : 278
Book Description
This volume explores the policy dynamics, economic commitments and social impacts of the fast evolving Sino-LAC relations. China’s engagement with Latin America and the Caribbean has entered into an era of strategic transition. While China is committed to strengthening its economic and political ties with Latin America and the Caribbean, Latin America as a bloc is enthusiastically echoing China’s endeavor by diverting their focus toward the other side of the ocean. The transitional aspect of China-LAC ties is phenomenal, and is manifested not only in the accelerating momentum of trade, investment, and loan but also in the China-CELAC Forum mechanism that maps out an institutional framework for decades beyond. While Latin America is redefined as an emerging priority to the leadership in Beijing, what are the responses from Latin America and the United States? In this sense, experts from four continents provide local answers to this global question.
Author: Tim Oakes Publisher: Routledge ISBN: 1134659997 Category : Social Science Languages : en Pages : 285
Book Description
This book explores how the experience of modernization is revealed in China's newly constructed tourist landscapes. It argues that in China's burgeoning ethnic tourist villages and theme parks can be seen all the contradictions, debasement, and liberating potentials of Chinese modernity. Tim Oakes uses the province of Guizhou to examine the Chinese tourist industry as an example of the state's modernization policies and how local people have engaged with these changes.
Author: Robert S. Ross Publisher: Routledge ISBN: 1000204693 Category : Political Science Languages : en Pages : 172
Book Description
This book examines the power transition between the US and China, and the implications for Europe and Asia in a new era of uncertainty. The volume addresses the impact that the rise of China has on the United States, Europe, transatlantic relations, and East Asia. China is seeking to use its enhanced power position to promote new ambitions; the United States is adjusting to a new superpower rivalry; and the power shift from the West to the East is resulting in a more peripheral role for Europe in world affairs. Featuring essays by prominent Chinese and international experts, the book examines the US–China rivalry, the changing international system, grand strategies and geopolitics, foreign policy, geo-economics and institutions, and military and technological developments. The chapters examine how strategic, security, and military considerations in this triangular relationship are gradually undermining trade and economics, reversing the era of globalization, and contributing to the breakdown of the US-led liberal order and institutions that will be difficult to rebuild. The volume also examines whether the adversarial antagonism in US–China relations, the tension in transatlantic ties, and the increasing rivalry in Europe–China relations are primarily resulting from leaders’ ambitions or structural power shifts. This book will be of much interest to students of Asian security, US foreign policy, European politics, and International Relations in general.
Author: Yingyi Qian
Author: Yingyi Qian
Author: Huiyun Feng
Author: Yinxing Hong
Author: Guoguang Wu
Author: Steve Chan
Author: Shoujun Cui
Author: Dun Jen Li
Author: Yaowei Zhu
Author: Tim Oakes
Author: Robert S. Ross