Presents a comprehensive overview of contemporary economic developments in China. This title covers such topics as: the growth of the market; the market replacing central planning; the reform of state owned enterprises; and, the 'open-door' policy

The last three decades has witnessed miraculous economic growth of China. What has accounted for its miracle? What is the nature and future of the Chinese model? Is it unique? This book presents an analytical framework to demystify China's economic growth miracle. The book suggests that...