The Chinese Economy: Transitions and Growth

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MIT Press, 2007 - Business & Economics - 528 pages
2 Reviews

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 an engaging, broadly focused introduction to China's economy since 1949 and original insights based on his own extensive research. The book will be an essential resource for students, teachers, scholars, business people, and policymakers. It is suitable for classroom use for undergraduate or graduate courses.

After presenting background material on the pre-1949 economy and the industrialization, reform, and market transition that have taken place since, the book examines different aspects of the modern Chinese economy. It analyzes patterns of growth and development, including population growth and the one-child family policy; the rural economy, including agriculture and rural industrialization; industrial and technological development in urban areas; international trade and foreign investment; macroeconomic trends and cycles and the financial system; and the largely unaddressed problems of environmental quality and the sustainability of growth.

The text is notable also for placing China's economy in interesting comparative contexts, discussing it in relation to other transitional or developing economies and to such advanced industrial countries as the United States and Japan. It provides both a broad historical and macro perspective as well as a focused examination of the actual workings of China's complex and dynamic economic development. Interest in the Chinese economy will only grow as China becomes an increasingly important player on the world's stage. This book will be the standard reference for understanding and teaching about the next economic superpower.

 

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Review: The Chinese Economy: Transitions and Growth

User Review  - Sigrid-marianella - Goodreads

Great introduction to the Chinese Economy, its history and development prior to the financial crisis. Read full review

Contents

I LEGACIES AND SETTING
15
1 The Geographical Setting
17
2 The Chinese Economy Before 1949
33
Big Push Industrialization and Policy Instability
55
Strategy and Process
85
5 The UrbanRural Divide
113
II PATTERNS OF GROWTH AND DEVELOPMENT
137
6 Growth and Structural Change
139
IV THE URBAN ECONOMY
295
Ownership and Governance
297
Industry Energy and Infrastructure
329
15 Technology Policy and the Knowledgebased Economy
349
V CHINA AND THE WORLD ECONOMY
375
16 International Trade
377
17 Foreign Investment
401
VI MACROECONOMICS AND FINANCE
425

7 Population Growth and the OneChild Family
161
8 Labor and Human Capital
179
Incomes Inequality and Poverty
209
III THE RURAL ECONOMY
229
10 Rural Organization
231
Output Inputs and Technology
251
Township and Village Enterprises
271
18 Macroeconomic Trends and Cycles
427
19 Financial System
449
CHINAS FUTURE
485
20 Environmental Quality and the Sustainability of Growth
487
Index
505
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About the author (2007)

Barry Naughton is Professor of Chinese Economy and Sokwanlok Chair of Chinese International Affairs at the University of California, San Diego. He is the author of Growing Out of the Plan: Chinese Economic Reform, 1978-1993.

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