New Economic Engine: Effective Government and Efficient Market

1. Front Matter

   Pages i-xii

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2. What Could Be the Contents of Adam Smith’s Third Book?

   • Yunxian Chen

   Pages 1-9

3. The Contributions and Deficiencies of Keynesian Economics

   • Yunxian Chen

   Pages 11-21

4. Scarcity and Generation of Resources

   • Yunxian Chen

   Pages 23-31

5. The Dual Attributes of Government

   • Yunxian Chen

   Pages 33-44

6. Regional Government Competition

   • Yunxian Chen

   Pages 45-56

7. Modern Market Economy

   • Yunxian Chen

   Pages 57-67

8. Mature Effective Governments

   • Yunxian Chen

   Pages 69-81

9. The Choices of Effective Government and Efficient Market Modes

   • Yunxian Chen

   Pages 83-93

10. Building Up a New Engine for Global Economic Development

    • Yunxian Chen

    Pages 95-108

11. Back Matter

    Pages 109-120

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This book contains at least three main highlights: breaking through the limitations of the mainstream Western economics system and the market theory framework, correctly explaining the successful experience of China’s reform and opening up over the past 40 years from an economic perspective, and developing a new economics system and market theory. China’s reform and opening up and innovative developments have provided a wide range of materials and resources for this theory; the results of this research will be integrated into world economic theories and serve the economic development and economic growth across the world.

• effective government vs. efficient market
• resource-generative areas
• Mezzoeconomics
• government-market relation
• mature market economy

• School of Economics, Peking University, Beijing, China

  Yunxian Chen

Yunxian Chen, PhD in economics from Peking University, senior economist, holder of Special Expert Certificate issued by the State Council of China, and founder of Guangfa Securities Co. Ltd. Guest Professor, researcher and PhD supervisor in Harvard University, The Hong Kong Polytechnic University, Peking University and Sun Yat-sen University, etc. Main works include Foresighted Leading: Theoretical Thinking and Practice of China’s Regional Economic Development, Government Foresighted Leading: Theory and Practice of the World’s Regional Economic Development, Mezzoeconomics, Regional Government Competition, etc.

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