This paper investigates the institutional reason underlying the change in the trajectory of economic growth in post-reform China, and argues that the trajectory of growth was much more normal during the period of 1978-89 than in the post-1989 era. In the former period, growth was largely induced...

Based on the theoretical and empirical research of economists in the past decade, this article intends to address the following issues about the effects of China’s economy on the global economy: What impact does China’s fast-growing economy have on the global trade flow and trade pattern?...

This paper investigates the institutional reason underlying the change in the trajectory of economic growth in post-reform China, and argues that the trajectory of growth was much more normal during the period of 1978-89 than in the post-1989 era. In the former period, growth was largely induced...

Key Features:Touches upon the hottest issues facing China's further economic development, with an in-depth and explicit analysisProvides insiders' views and predictions on China's economy by young and well-trained Chinese economistsWith jargon-free language, the book serves as a good reference...

In this book, Dr. Jun Zhang rebuts the widely-held view that Chinese economic growth is unsustainable due to low consumption and a reliance on exports and enormous fixed-asset investments. Though many believe this “structural imbalance” of the Chinese economy will become a serious problem in...

Chapter 1. Information Costs, Limited Reasoning Ability and Simplifying Planning: A Theoretical Explanation of Traditional Chinese Planning -- Chapter 2. Socialist Government and Enterprise: An Analysis from the Perspective of “Exit -- Chapter 3. Monetary Incentive and Property Rights...