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The Supply-side Revolution with Chinese Characteristics (Hardcover)
Loot Price: R3,834
Discovery Miles 38 340
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The Supply-side Revolution with Chinese Characteristics (Hardcover)
Expected to ship within 12 - 17 working days
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Focusing on the supply-side structural reform in China, this book
investigates the impetus, implementation strategy, initial results
and theoretical underpinnings of the revolution, assessing its
significance in perfecting China's socialist market economic
system. The supply-side structural reform launched in China in 2015
aims to thoroughly resolve the cyclical excess capacity and the
habitual imbalance of economic structure; and form a long-term
mechanism for economic stability, different from the supply-side
policies under the Reagan Administration in the 1980s. Based on the
analysis framework of aggregate demand and supply, combined with
institutional and structural analysis, the title elucidates the
reason, theory, measures and results that ground the reform. It
explicates the three-step strategy to ensure the successful
outcome, countermeasures against current supply-side problems,
upgrading the economic structure, and most importantly the
institutional reform and innovation. The author emphasizes the
importance of reforming both market and government, and advances a
"double-effect" model combining the effective market and
government. This title will appeal to scholars, students and
policymakers interested in economics, macroeconomic control and the
Chinese economy and economic system reform.
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