China's Growth
The Making of an Economic Superpower
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Product details:
- Publisher OUP Oxford
- Date of Publication 11 April 2013
- ISBN 9780199205783
- Binding Hardback
- No. of pages368 pages
- Size 240x161x35 mm
- Weight 674 g
- Language English
- Illustrations 35 Figures, 72 Tables 0
Categories
Short description:
China's economic growth has transformed the country into a major economic power. Yet, the reasons for its rapid ascendancy are not well understood. This book sheds light on the key growth drivers, relying on micro level evidence to assess the macro trends.
MoreLong description:
China's economic growth has transformed the country from one of the poorest in the world to its second largest economy. Understanding the drivers of growth remains elusive as the country is affected by both its transition from central planning and the challenges of a developing country. This book examines the main themes of growth, offering micro level evidence to shed light on the macro drivers of the economy. It also focuses on law and informal institutions of the economy to highlight the importance of entrepreneurship and the development of the private sector.
Overall, the author has managed to achieve her original purpose. She shows very well that China's rapid economic growth is the product of the economic policies of the government and also of an efficient private sector.
Table of Contents:
Introduction
New Growth Theories: Transition and Institutional Change
Neoclassical Growth: Labour Productivity and Corporate Restructuring
Endogenous Growth: Human Capital and Labour Market Reforms
'Catch up' Growth: Technology Transfers and Innovation
Informal Growth Determinants: Self-Employment and Social Capital
Financial and Legal Development: The Role of Private Enterprises in Growth
Global Integration and Growth: Re-Balancing the Economy
Conclusion: The Role of the State
