Understanding and Interpreting Chinese Economic Reform, 2nd Edition

  • Jinglian Wu Professor of Economics at China-Europe Intl Business School
  • Published By:
  • ISBN-10: 9814624993
  • ISBN-13: 9789814624992
  • DDC: 338.951
  • Grade Level Range: College Freshman - College Senior
  • 528 Pages | eBook
  • Original Copyright 2015 | Published/Released June 2015
  • This publication's content originally published in print form: 2015

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This title provides a complete history of Chinese economic reform that started in the late 1970s and interprets it from the perspective of modern economics in the wider context of social justice and political reform. The book is divided into three parts. Part I touches upon the background of the reform and the evolution of its strategy—administrative decentralization during 1958–1978, incremental reform during 1979–1993, and overall advance from 1994 to the present. Part II discusses the reform strategies and their implementation in major sectors of the economy: the agricultural sector, the stateowned industrial sector, the private sector, the financial sector, government finance, and foreign trade and investment. Part III elaborates issues related to reform at the macroeconomic and social levels, including the social security system, macroeconomic policies, social relations, and government’s functions.

Meet the Author

Author Bio

Jinglian Wu

Jinglian Wu is widely regarded as China’s most celebrated and influential economist. He has been at the center of economic reform in China and actively engaged in the study of comparative economic systems, theories and policies on China’s economic restructuring, and policy assessment of China’s economy. Wu graduated from the Department of Economics, Fudan University in 1954. He is currently Senior Research Fellow at the Development Research Center for the State Council of the People’s Republic of China, Professor of Economics at the Graduate School of the Chinese Academy of Social Sciences, a PhD adviser at the School of Economics, Peking University, and the Bao Steel Chair Professor of Economics at China Europe International Business School (CEIBS). His main research interests are theoretical economics, comparative institutional analysis, and theory and policy on the transformation of the Chinese society. He is Honorary President of International Economic Association (IEA) and winner of the China Economics Prize—Outstanding Contribution to China’s Economy Award in 2005.