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China Insights

The Logic of Economic Reform in China

Authors: Zhang, Xiaojing, Chang, Xin

  • The author is a highly respected economist in China
  • Addresses a hot topic for scholars and general readers alike, demystifying the Chinese economic development path, its speed and its logic
  • Employs analytical methods from the field of economics
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eBook $74.99
price for USA in USD (gross)
  • ISBN 978-3-662-47404-4
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Hardcover $99.99
price for USA in USD
  • ISBN 978-3-662-47403-7
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
Softcover $99.00
price for USA in USD
  • ISBN 978-3-662-51681-2
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
About this book

This book provides a historical overview of Chinese economic reform over the past 30 years. From the genesis of the reform to the gradual improvement of the market system, and then to the re-start of the critical stage of the reform, this book includes not only research on the reform process, but also detailed descriptions of the key areas of reform since the Third Plenary Session of the 18th CPC Central Committee. On this basis, the author develops six logics for Chinese economic reform. Firstly, reform is cyclical, moving between rapid advances and deadlock; this calls upon us to re-examine the common view of reform. Secondly, reform is systematic; it cannot succeed without supporting reforms in other fields. Thirdly, the relationship between reform, development and stability should be properly handled. This “trinity” is quite different from the perspective of western mainstream theory, which puts too much emphasis on efficiency. Fourthly, the success of Chinese reform was not achieved by chance. The reform practice is based on the theoretical logic, and also goes beyond the debate between progressive and radical modes. Fifthly, the Top-level Design should be combined with “crossing the river by moving from stone to stone,” i.e., the theoretical basis of reform should be combined with reform practice. Sixthly and lastly, the ongoing reform in China must be understood in the contexts of global competition and reform competition.

About the authors

Xiaojing Zhang is a Professor of Economics and the General Office Director, Academic Division of Economics, Chinese Academy of Social Sciences (CASS). He is the Chief Expert of State Policy-Making Consulting Program sponsored by China’s National Social Sciences Fund. He’s also been participating in the research and consulting work for the national “11th Five-year Plan”, “12th Five-year Plan” and “13th Five-year Plan”. An author of several books and papers, Prof. Zhang is also the recipient of prestigious awards such as the SUN Yefang Economics Prize (Top Economics Award in China) for 2005 and 2007, and also the National Book Award of China in 2002. He was a Visiting Scholar at the International Monetary Fund in 2009; a Visiting Professor at Harvard and National Bureau of Economic Research (NBER) in 2006-2007; and a Visiting Fellow at Stockholm School of Economics, from 1999-2000. His research interests are open economy macroeconomics, economic growth and development economics. He received his Ph.D. in economics from the Graduate School of CASS (Beijing) in 1998.

Table of contents (11 chapters)

  • The Beginning of Reform

    Zhang, Xiaojing (et al.)

    Pages 1-11

  • Crossing the River by Feeling the Stones

    Zhang, Xiaojing (et al.)

    Pages 13-34

  • The Overall Advancement of Reform

    Zhang, Xiaojing (et al.)

    Pages 35-49

  • Development of Open Economy

    Zhang, Xiaojing (et al.)

    Pages 51-70

  • Reform of Macro Management System

    Zhang, Xiaojing (et al.)

    Pages 71-92

Buy this book

eBook $74.99
price for USA in USD (gross)
  • ISBN 978-3-662-47404-4
  • Digitally watermarked, DRM-free
  • Included format: PDF, EPUB
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover $99.99
price for USA in USD
  • ISBN 978-3-662-47403-7
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
Softcover $99.00
price for USA in USD
  • ISBN 978-3-662-51681-2
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
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Bibliographic Information

Bibliographic Information
Book Title
The Logic of Economic Reform in China
Authors
Series Title
China Insights
Copyright
2016
Publisher
Springer-Verlag Berlin Heidelberg
Copyright Holder
China Social Sciences Press and Springer-Verlag Berlin Heidelberg
eBook ISBN
978-3-662-47404-4
DOI
10.1007/978-3-662-47404-4
Hardcover ISBN
978-3-662-47403-7
Softcover ISBN
978-3-662-51681-2
Series ISSN
2363-7579
Edition Number
1
Number of Pages
XVII, 200
Number of Illustrations
4 b/w illustrations, 2 illustrations in colour
Topics