How the Chinese Economy Works, Second Editon

by Guo, Rongxing

• ISBN13: 9780230542747
• ISBN10: 0230542743
• Edition: 2nd
• Format: Hardcover
• Copyright: 2007-08-15
• Publisher: Palgrave Macmillan

Summary

This revised second edition explains the operational mechanisms of the Chinese economy through both national and regional dimensions.

Author Biography

RONGXING GUO is Professor, Regional Science Association of China.

Table of Contents

List of Boxes	p. x
List of Figures	p. xi
List of Tables	p. xiii
Preface	p. xv
List of Abbreviations	p. xvii
Foreword	p. xix
Notes to Readers	p. xxi
Map	p. xxiii
Executive Summary	p. xxiv
A Brief History of China	p. 1
The origins of the nation	p. 1
Rise and fall of the empire	p. 3
China in the new millennium	p. 6
The Spatial Division of the Chinese Economy	p. 10
Provincial administrations	p. 11
Great regions	p. 13
Coastal and inland areas	p. 18
Eastern, central and western belts	p. 18
Southern and Northern parts	p. 19
China's Economic Foundations	p. 21
Physical capital	p. 21
Human capital	p. 26
Political and institutional bases	p. 30
Cultural issues	p. 31
Policy implications	p. 43
China's Economic Systems in Transition	p. 46
General review	p. 46
Development and planning	p. 49
Labour and employment	p. 55
Production and ownership	p. 56
Public finance and banking	p. 65
External economic relations	p. 73
Summary	p. 75
How Well the Chinese-style Reform Performs	p. 77
Chinese-style reform, the (un)successful cases	p. 78
Simulating the reform process: a model	p. 89
Interest groups, stakeholders and reform	p. 95
Can the Chinese-style reforms be sustained?	p. 101
Concluding remarks	p. 104
A Multiregional Economic Comparison	p. 107
About statistical data	p. 107
Macroeconomic indicators	p. 110
Real living standards	p. 118
Inequality index	p. 124
Concluding remarks	p. 128
Can the Chinese Economy Be Spatially Optimized?	p. 131
Spatial efficiency of authoritarianism: a theory	p. 131
Spatial separation in China	p. 134
China's search for spatial integration	p. 145
West China development strategy	p. 149
Concluding remarks	p. 152
Industrialization and Technological Progress	p. 154
China's efforts on industrialization	p. 154
Post-reform industrialization	p. 161
Rural industrialization	p. 169
Technological progress	p. 171
Population, Resource and Sustainable Development	p. 174
General background	p. 174
China's population problems	p. 177
Natural and environmental resources	p. 182
Environmental protection in China	p. 196
Summary	p. 205
Economic Internationalization and China	p. 207
Historical review	p. 207
Foreign investment	p. 211
Foreign trade	p. 217
Summary	p. 225
Comparative Economics for the Greater China	p. 229
Historical evolution	p. 229
A multiregional economic comparison	p. 232
Cross-Taiwan Strait economic relations	p. 236
Future perspective	p. 243
Appendices	p. 245
Basic conditions of the ethnic minorities in China	p. 245
A list of major reforms and their outcomes (1978-2005)	p. 248
Specification to the model on system dynamics	p. 253
Games between the Chinese radicals and conservatives	p. 257
Literature on the determinants of foreign trade	p. 263
Indexes of China's cultural linkages with the rest of the world	p. 271
Notes	p. 276
Bibliography	p. 293
Index	p. 320
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