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Home > Business and Economics Books > Economics > Economic systems and structures > Economic Theories in China, 1979–1988
Economic Theories in China, 1979–1988

Economic Theories in China, 1979–1988


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About the Book

In China, the decade 1979–88 featured an unprecedented willingness to depart from the traditional dogmatic interpretations of socialism and to enter into a discourse aimed at promoting economic reforms and development. Robert C. Hsu systematically explores the substance and logic of the evolution of the most vital economic-reform theories prevalent in China during those years (before the recent slow-down). He also examines and assesses the delicate interaction between these theories and the practical policies of the Chinese government. Hsu's analysis covers the debates over exactly how to combine the market mechanism with socialist planning. Chinese economists argued about how to diversify the ownership system, how to implement price-wage reforms, how to invigorate state-owned enterprises and make them more efficient, and how to develop China's agriculture, industry and foreign trade. Though Hsu critically dissects the diversity of views and describes the shortcomings which will affect future economic policies and theories, his mood is primarily an affirmation of the new dynamic age of China's economics.

Table of Contents:
Preface; 1. Introduction and overview; 2. The market under socialism; 3. Socialism: ownership, state enterprise and planning; 4. Strategies of economic development; 5. Prices and wages; 6. Summaries and conclusions; Notes; Bibliography.

Review :
'… this is by far the best single introduction to the thinking of Chinese economists in the reform decade.' The Economic Journal


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Product Details
  • ISBN-13: 9780521023146
  • Publisher: Cambridge University Press
  • Publisher Imprint: Cambridge University Press
  • Height: 229 mm
  • No of Pages: 216
  • Returnable: N
  • Spine Width: 14 mm
  • Width: 154 mm
  • ISBN-10: 0521023149
  • Publisher Date: 24 Nov 2005
  • Binding: Paperback
  • Language: English
  • Returnable: N
  • Returnable: N
  • Weight: 376 gr


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