Between 1978 and 2006, GDP growth in China maintained an annual
average rate of 9.7%, meaning the Chinese economy increased by more
than twelve times. This was achieved with quite unorthodox
approaches to reform and development as China has adopted a
gradualist approach to adopting key institutions, as well as
modifying and experimenting with traditional recipes for economic
growth.
This collection brings together key researchers in the field
from Asia, US, Europe and Australia to discuss how China has
managed to push forward reforms in the face of political
resistance, how the Chinese economy has maintained growth within an
imperfect institutionalist environment and how the Chinese
government remains effective when it relinquishes its power to the
market. Specific emphasis is paid to the relevance of China's
experiences to other developing countries. This valuable
contribution to the study of China's economy covers a wide range of
topics, including the historical foundations of the 30 years of
reform, law and development in China, foreign direct investment,
poverty reduction, market integration, income distribution, social
protection, as well as demographics and population.
Reform and Development in China finds both unique elements to
the Chinese experience and elements which can be applied to other
developing countries. In particular, China's gradualism in economic
reform, strong leadership, and emphasis on inclusive development
are singled out to be potentially transferable to other developing
countries. This collection will be of interest to postgraduate
students and researchers as well as practitioners in development
economics."
General
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