Now available in a fully-revised and updated third edition, this established textbook provides a penetrating and comprehensive analysis of the historical, institutional, and theoretical factors that have contributed to China's economic success. Includes coverage of China's foreign investments,...

Will China's recent economic growth continue at the same rate? For how long? What obstacles lie in the way of sustained growth? Who gains and why? Gregory Chow covers these and many other issues. * Provides a penetrating and comprehensive analysis of the historical, institutional and theoretical...

Gregory C. Chow, father of the Chow Test of stability of economic relations and a major contributor to econometrics and economics, here provides a unified and simple treatment of dynamic economics. Using dynamic optimization as his main theme, Chow introduces the Lagrange method as a more...

Title Page; Copyright Page; Contents; Preface to the Third Edition; Part I Historical Background and General Survey; Chapter 1 Economic Lessons from History; 1.1 Introduction; 1.2 Significant Events in Major Historical Dynasties; 1.3 The Republic of China, 1911-; 1.4 Summary of Historical Lessons;...