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After the 1978 Economic Reform, China's economic development has been on a fast track ever since. Later on, the successful accession into the Wto in 2001 accelerated China's economic transformation and made it more integrated with the world. Today, as the second-largest economy in the world, China has earned herself a leading role on the world stage beyond dispute. This book provides readers with answers to why and how China functions as a leader in the world economy. This book surveys China's economy in four parts - economic institutions, economic problems, economic policies and economic analyses. It is based on the author's latest findings from his scholarly research on China's economy, his involvement with China's economic reform and development, and his personal contacts with Chinese academics, entrepreneurs, government officials and ordinary citizens for over thirty years. The book is written in a style accessible to the general readers, since most chapters are based on articles published in three major Chinese newspapers, of which the author is a columnist. It can also serve as a reference book for professionals, an authoritative guide for general readers and a supplementary text for university students. The author uses it as a supplementary text for his course on the Chinese economy at Princeton University.
- Sales Rank: #3463468 in Books
- Published on: 2011-10-06
- Released on: 2011-10-06
- Original language: English
- Number of items: 1
- Dimensions: 9.00" h x .53" w x 6.00" l, 1.00 pounds
- Binding: Paperback
- 232 pages
Review
Gregory C Chow, a pioneer in China's march to a market system and a distinguished professor of economics at Princeton University, has written an important sequel to his recently published book, Interpreting China's Economy (2010). In his new book, China as a Leader of the World Economy, Chow explores the evolution of China's institutions (with an in-depth discussion of the 12th Five Year Plan), analyzes the problems China needs to overcome, provides policy proposals to solve those problems, and presents the results of several quantitative studies of the Chinese economy. In 31 clearly written and concise chapters, Chow covers a broad array of topics ranging from how to stop inflation to how to improve university education. As a master craftsman and long-time student of the Chinese economy, no one is better equipped to increase our understanding of China's economic development and the future of China in the global economy.
This is a book by a senior Western-trained economist who has been an insider to the extraordinary changes in China over the past 30 years, and it is both authoritative and well-argued. --Sunday Morning Post
From the Inside Flap
After the 1978 Economic Reform, China's economic development has been on a fast track ever since. Later on, the successful accession into the WTO in 2001 accelerated China's economic transformation and made it more integrated with the world. Today, as the second-largest economy in the world, China has earned herself a leading role on the world stage beyond dispute. This book provides readers with answers to why and how China functions as a leader in the world economy.
The book surveys China's economy in four parts economic institutions, economic problems, important economic policies and selective economic analysis, especially including many hot issues like revaluation of the Reminbi, China's high inflation rate and its relations with other emerging markets, etc. These essays are the author's latest research findings from his close and constant observation and research on China's economy in the past 30 years, and have been published in China's newspapers with a large number of readers. Meanwhile, this book is written in a manner that is thorough and objective without being too technical. It could serve as a reference book for professionals as the treatment of many topics is original and illuminating, and as an authoritative guide for general readers who are eager to understand China's economic development better and get an idea of China's economic future.
About the Author
Gregory C Chow is Professor of Economics and Class of 1913 Professor of Political Economy, Emeritus, at Princeton University. Educated at Cornell University and the University of Chicago, Prof Chow is a member of the American Philosophical Society and of Academia Sinica and a Fellow of the American Statistical Association and of the Econometric Society. He is the author of 15 books and over 200 articles, specializing in econometrics, dynamic economics, and the Chinese economy, with which he has a long-standing involvement. Prof Chow has served on several committees on Sino-American economic exchanges and has been an adviser to government figures and institutions in China and Taiwan. He is recognized for his contributions to developing and modernizing economics education in China, where he holds honorary posts at nine universities.
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