How the Chinese Economy Works

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ISBN: 9780230581005 | 0230581005
Cover: Hardcover
Copyright: 12/15/2009

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This is a revised and updated version of the celebratedBest Book on Chinese Economy. It sets out to analyze and compare the operational mechanisms of the Chinese economy between the pre- and post-reform periods and through national, regional and local dimensions.

List of Boxes	p. xi
List of Figures	p. xii
List of Tables	p. xiv
List of Abbreviations	p. xvi
Foreword	p. xviii
Preface	p. xx
Key Terms	p. xxv
Map	p. xxviii
A Brief History of China	p. 1
The origins of the nation	p. 1
Rise and fall of the empire	p. 3
China in the new millennium	p. 9
Summary	p. 11
Case study: Why the Yellow river is important	p. 12
Spatial and Administrative Divisions	p. 16
Administrative divisions	p. 16
Great regions	p. 21
Geographical belts	p. 23
Southern and northern parts	p. 25
Ethno-cultural areas	p. 26
Summary	p. 29
Case study: Who owns Lake Weishan?	p. 30
Human and Cultural Contexts	p. 38
Population	p. 38
Labor force	p. 44
Education	p. 45
Cultural context	p. 50
Summary	p. 58
Case study: Age, gender, education and earnings	p. 59
Political Economic Systems in Transition	p. 66
Plan and market	p. 66
Employment	p. 72
Production and ownership	p. 75
Public finance	p. 82
Banking	p. 87
External relations	p. 91
Summary	p. 94
Case study: System dynamics - a feedback model	p. 96
Understanding Chinese Economic Reform	p. 99
A brief narrative	p. 99
Interest groups and stakeholders	p. 103
Radical reform: the (un)successful cases	p. 110
Gradual/partial reform: the (un)successful cases	p. 114
Whither Chinese-style reform?	p. 120
Summary	p. 127
Case study: Games between radicals and conservatives	p. 128
Economic Growth and Income Distribution	p. 136
China's growth performance	p. 136
Measuring income inequality	p. 141
Inequality: causes and consequences	p. 144
Poverty and social security	p. 149
Summary	p. 152
Case study: A tale of two companies in transition	p. 153
A Multiregional Economic Comparison	p. 163
About the statistical data	p. 163
Macroeconomic performance	p. 166
Real living standards	p. 170
Regional economic disparity	p. 177
Summary	p. 183
Case study: Similar initial conditions, varied results	p. 185
Spatial Economics and Development Strategy	p. 187
Comparative advantage index	p. 187
Spatial economic separation	p. 192
China's search for spatial integration	p. 198
Regional development strategy	p. 201
Summary	p. 205
Case study: Fighting for rainfalls?	p. 206
Industrialization and Technological Progress	p. 212
China's industrialization efforts	p. 212
Post-reform industrialization	p. 219
A comparative analysis	p. 226
Technological progress	p. 230
Summary	p. 235
Case study: Technological and economic leapfrogging	p. 235
The Quest for Sustainable Development	p. 238
Background	p. 238
Natural resources	p. 242
Energy production and consumption	p. 247
Environmental situation	p. 251
Chinese environmental policy	p. 259
Summary	p. 264
Case study: Should Chinese legislations be revised?	p. 265
International Economic Influences	p. 268
Historical review	p. 268
Foreign direct investment	p. 276
Foreign trade	p. 281
A quantitative analysis	p. 285
Summary	p. 290
Case study: Cultural influences on foreign trade	p. 291
The Greater China Area: Retrospect and Prospect	p. 296
Historical evolution	p. 296
Social and economic differences	p. 300
Complementary conditions	p. 303
Cross-Strait economic relations	p. 305
Future perspective	p. 312
Case study: Overseas Chinese economics	p. 313
Appendixes
Basic Conditions of the Ethnic Minorities	p. 315
A List of Major Reforms From 1978 to 2008	p. 317
Notes	p. 319
Bibliography	p. 362
Index	p. 361
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How the Chinese Economy Works

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