ChinaÆs New Role in the World Economy

The growth of the Chinese economy and its impact on the global economy in contemporary times is without historical precedent. This volume, with contributions from the most distinguished analysts of developments in the Chinese economy today, presents an exceptional and authoritative analysis of China's growth strategies, development model and structural reform in historical and international context. It examines the implications of China's transition from a 'small' economy to a 'big' economy and international externalities from China's growth and what impact has had on the global system, including the WTO. It looks at regional and income inequalities in China; the weaknesses in the social saftety net; incomplete factor market reform; finacial market reform; capital account liberalisation and other big issues that confront Chinese economic policymakers in the years ahead. The volume also reviews China's role in global and regional governance.