Policy Reform and Chinese Markets: Progress and Challenges (Advances in Chinese Economic Studies series) - Hardcover

9781847203960: Policy Reform and Chinese Markets: Progress and Challenges (Advances in Chinese Economic Studies series)
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The evolution of China's market economy is one of the most important developments in the world economy in the twenty-first century. The diverse contributors to this book provide a unique set of essays that evaluate legal, regulatory, and economic aspects of China's transition from planned to market economy.

While market-oriented policy reform in China has led to substantial growth and progress since the onset of the reform period in 1979, many challenges remain. This study begins with a general survey of China's transition to a market economy and is followed by more elaborate analyses of specific sectors. The authors consider China's changing regulatory structure and the relationships of this structure to Chinese markets, developments in markets for goods, services, and production factors, changing trade patterns, and the determinants of foreign direct investment and its role in overall capital formation. They provide a comprehensive assessment of market reforms in China.

In-depth yet accessible, the book will be of great value to policy makers, business planners, students and researchers concerned with China, as well as those interested in the world economy at large.

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About the Author:
Edited by Belton M. Fleisher, Professor of Economics, Ohio State University, US and Research Fellow, IZA, Nicholas C. Hope, Director, Stanford Center for International Development, US, Anita Alves Pena, Assistant Professor of Economics, Colorado State University, US and Dennis Tao Yang, Professor of Economics, Virginia Polytechnic Institute and State University, US and The Chinese University of Hong Kong
Review:
`Belton Fleisher and his colleagues have edited a usefully wide-ranging book on economic policy reform in China before the global crisis. Many excellent chapters provide lucid insights into the practical complexities of China's remarkable development path. . . this book has much to teach us. . .' -- Albert Keidel, The China Journal `The book is designed for use in a wide-range of studies on Chinese economic development, especially in market development, technology diffusion as well as education inequality. Each independent paper delivers a different research field, so it has a wide appeal. Students and scholars who are studying or conducting research on Chinese economic development will find this book of particular interest.' -- Jiandong Chen, Journal of the Asia Pacific Economy

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