The year 2018 marks 40 years of reform and development in China (1978-2018). This commemorative book assembles some of the world's most prominent scholars on the Chinese economy to reflect on what has been achieved as a result of the economic reform programs, and to draw out the key lessons that...

The Chinese economy has entered a new phase of development in which sources of growth are not so much dependent upon pure increases in labour, investment and credit expansion, but from productivity improvement, structural changes, technological progress and the benefits from improvement of the...

The phrase ‘New Normal’ captures the ongoing shift in the pattern and drivers of China’s economic growth. China’s new growth rate is both slower and imposing difficult structural change. These new economic conditions are challenging yet offer opportunities for China and its economic...

Preliminary -- Acknowledgments -- Contributors -- Abbreviations -- Part I: New Model for Economic Growth -- 1. Reform and China's Long-Term Growth and Development -- 2. China's Shift from the Demographic Dividend to the Reform Dividend -- 3. Structural Imbalance, Inequality and Economic Growth...

Preliminary -- Contents -- Tables -- Figures -- Contributors -- Acknowledgments -- 1 China's New Strategy for Long-term Growth and Development: Imperatives and Implications- Ross Garnaut, Cai Fang and Ligang Song -- 2 New Institutions for a New Development Model - Dwight H. Perkins -- 3 The New...

Intro -- Figures -- Tables -- Contributors -- Acknowledgements -- Abbreviations -- Introduction -- 1. 40 years of China's reform and development: How reform captured China's demographic dividend -- Part I: The Chinese economic transformation -- 2. 40 years of Chinese economic reform and...