DEMYSTIFYING THE CHINESE ECONOMY

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Demystifying The Chinese Economy

Author : Justin Yifu Lin
ISBN : 9780521191807
Genre : Business & Economics
File Size : 41.94 MB
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An insightful account of the remarkable transition of the Chinese economy from impoverished backwater to economic powerhouse.
Category: Business & Economics

Demystifying The Chinese Economy

Author : Justin Yifu Lin
ISBN : 9781107392724
Genre : Business & Economics
File Size : 78.84 MB
Format : PDF, Kindle
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China was the largest and one of the most advanced economies in the world before the eighteenth century, yet declined precipitately thereafter and degenerated into one of the world's poorest economies by the late nineteenth century. Despite generations' efforts for national rejuvenation, China did not reverse its fate until it introduced market-oriented reforms in 1979. Since then it has been the most dynamic economy in the world and is likely to regain its position as the world's largest economy before 2030. Based on economic analysis and personal reflection on policy debates, Justin Yifu Lin provides insightful answers to why China was so advanced in pre-modern times, what caused it to become so poor for almost two centuries, how it grew into a market economy, where its potential is for continuing dynamic growth and what further reforms are needed to complete the transition to a well-functioning, advanced market economy.
Category: Business & Economics

Demystifying The Chinese Economy

Author : Justin Yifu Lin
ISBN : 0521181747
Genre : Business & Economics
File Size : 87.8 MB
Format : PDF, Kindle
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China was the largest and one of most advanced economies in the world before the eighteenth century, yet declined precipitately thereafter and degenerated into one of the world's poorest economies by the late nineteenth century. Despite generations' efforts for national rejuvenation, China did not reverse its fate until it introduced market-oriented reforms in 1979. Since then it has been the most dynamic economy in the world and is likely to regain its position as the world's largest economy before 2030. Based on economic analysis and personal reflection on policy debates, Justin Yifu Lin provides insightful answers to why China was so advanced in premodern times, what caused it to become so poor for almost two centuries, how it grew into a market economy, where its potential is for continuing dynamic growth and what further reforms are needed to complete the transition to a well-functioning, advanced market economy.
Category: Business & Economics

The Quest For Prosperity

Author : Justin Yifu Lin
ISBN : 9781400852253
Genre : Business & Economics
File Size : 71.55 MB
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How can developing countries grow their economies? Most answers to this question center on what the rich world should or shouldn't do for the poor world. In The Quest for Prosperity, Justin Yifu Lin—the first non-Westerner to be chief economist of the World Bank—focuses on what developing nations can do to help themselves. Lin examines how the countries that have succeeded in developing their own economies have actually done it. Interwoven with insights, observations, and stories from Lin’s travels as chief economist of the World Bank and his reflections on China’s rise, this book provides a road map and hope for those countries engaged in their own quest for prosperity.
Category: Business & Economics

Demystifying China S Economy Development

Author : Fang Cai
ISBN : 9783662461037
Genre : Business & Economics
File Size : 74.8 MB
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This book explains why China’s opening-up policy can boost the rapid growth of its economy. Based on concrete facts and economic logic, it offers a brief introduction to the history of China’s successful development, which has unprecedentedly helped improve people’s lives and community welfare over the past 30 years. In light of the newly emerging problems, the author assesses the different stages of China’s economic development and new challenges, illustrating how the country’s sustainable growth could be achieved through further reforms so as to complete the transition from a middle-income to high-income country. He moves on to discuss the lessons learned from China’s experiences and summarizes their significance for other developing countries, while also clarifying popular misconceptions such as the “China Menace” and “Theory of China’s Collapse.” Taking the logic of economic development as a basis and employing economic norm analysis methods, the book describes China’s economic miracle in plain but vivid language and attempts to enrich the economic development theory through China’s experience.
Category: Business & Economics

Economic Development And Transition

Author : Justin Yifu Lin
ISBN : 9780521514521
Genre : Business & Economics
File Size : 61.96 MB
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An investigation into why most developing countries have failed to exploit their economic potential by China's most renowned economist.
Category: Business & Economics

Demystifying The Chinese Miracle

Author : Wang Yongqin
ISBN : 9781135015053
Genre : Business & Economics
File Size : 71.61 MB
Format : PDF
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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 interlinked and relational contracts between the agents (in particular, between the state and the business) can compensate for flawed markets to achieve high growth. This kind of relational capitalism is significant in the investment-based stage of development, when mobilization of resources to exploit the existing technologies is key for growth. The book presents a general theory of interlinked relational contract, the workhorse model of the book. The theory highlights that effective governance is a function of market extent and market completeness. The process of economic development and modernization can be looked at fruitfully from two perspectives: the markets and the institutions and their interactions. The book stresses the critical fit between the development stage and the governance for a country's economic transition and development and thus the idea of "appropriate institutions".
Category: Business & Economics

Against The Consensus

Author : Justin Yifu Lin
ISBN : 9781107038875
Genre : Business & Economics
File Size : 26.91 MB
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Unique analysis of the global financial crisis by Justin Yifu Lin, Chief Economist of the World Bank (2008-12).
Category: Business & Economics

The China Miracle

Author : Justin Yifu Lin
ISBN : 9622019854
Genre : Business & Economics
File Size : 80.3 MB
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Using a historical, comparative and analytic approach grounded in mainstream economics, the authors develop a consistent and rational framework of state-owned enterprises and individual agents to analyze the internal logic of the traditional Chinese planning system. In this revised edition, the authors update the data and information in the book and include a new chapter on the impact of China's WTO accession on its reform.
Category: Business & Economics

New Structural Economics

Author : Justin Yifu Lin
ISBN : 9780821389577
Genre : Business & Economics
File Size : 64.86 MB
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This book provides an innovative framework to analyze the process of industrial upgrading and diversification, a key feature of economic development. Based on this framework, it provides concrete advice to development practitioners and policy makers on how to unleash a country's growth potential.
Category: Business & Economics