The Economic Transformation of China

The Economic Transformation of China is a collection of essays written by an eminent observer of the Chinese economy. The book covers the Chinese transformation beginning in the 1950s and continuing through the second decade of the twenty-first century. It includes an analysis of the forces that held China back before 1949, the nature of the economy as it operated under the Soviet model of development, and the transformation since 1978 into a “socialist market economy.” The essays of the post-1978 era reflect the author's view of the state of the reform effort at the time the essay was written and carries the story up to the 2012–2013 slowdown in economic growth.

Contents:

• Introduction
• The Historical Foundation:
  • History, Politics and 30 Years of Development and Reform
  • Government as an Obstacle to Industrialization: The Case of 19th Century China
• Central Planning and Collective Agriculture, 1955–1978:
  • Centralization and Decentralization in Mainland China's Agriculture, 1949–1962
  • Industrial Planning and Management
  • China's Economic Policy and Performance
• China's Economic Reforms, 1978–2013:
  • Reforming China's Economic System
  • China's “Gradual” Approach to Market Reforms
  • The Challenges of China's Growth
• The Future:
  • Forecasting China's Economic Growth to 2025
  • China's Investment and GDP Growth Boom: When and How Will It End?

Readership: Graduate students and researchers interested in Chinese Studies and Asian economies.
Key Features:

• Covers the economic transformation of China from 1950s until now
• Forecasts China's economic growth in the next 25 years
• Highly informative, timely and insightful resource for researchers interested in Chinese economic history