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China's Transitions to Markets: Market Preserving Federalism, Chinese Style

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Release :
Genre : Balance of trade
Kind : eBook
Book Rating : 035/5 ( reviews)

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Book Synopsis China's Transitions to Markets: Market Preserving Federalism, Chinese Style by :

Download or read book China's Transitions to Markets: Market Preserving Federalism, Chinese Style written by . This book was released on . Available in PDF, EPUB and Kindle. Book excerpt:

China's Transition to Markets

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Author :
Release : 1995
Genre : Business & Economics
Kind : eBook
Book Rating : /5 ( reviews)

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Book Synopsis China's Transition to Markets by : Yingyi Qian

Download or read book China's Transition to Markets written by Yingyi Qian. This book was released on 1995. Available in PDF, EPUB and Kindle. Book excerpt:

How Reform Worked in China

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Release : 2017-11-24
Genre : Business & Economics
Kind : eBook
Book Rating : 24X/5 ( reviews)

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Book Synopsis How Reform Worked in China by : Yingyi Qian

Download or read book How Reform Worked in China written by Yingyi Qian. This book was released on 2017-11-24. Available in PDF, EPUB and Kindle. Book excerpt: A noted Chinese economist examines the mechanisms behind China's economic reforms, arguing that universal principles and specific implementations are equally important. As China has transformed itself from a centrally planned economy to a market economy, economists have tried to understand and interpret the success of Chinese reform. As the Chinese economist Yingyi Qian explains, there are two schools of thought on Chinese reform: the “School of Universal Principles,” which ascribes China's successful reform to the workings of the free market, and the “School of Chinese Characteristics,” which holds that China's reform is successful precisely because it did not follow the economics of the market but instead relied on the government. In this book, Qian offers a third perspective, taking certain elements from each school of thought but emphasizing not why reform worked but how it did. Economics is a science, but economic reform is applied science and engineering. To a practitioner, it is more useful to find a feasible reform path than the theoretically best way. The key to understanding how reform has worked in China, Qian argues, is to consider the way reform designs respond to initial historical conditions and contemporary constraints. Qian examines the role of “transitional institutions”—not “best practice institutions” but “incentive-compatible institutions”—in Chinese reform; the dual-track approach to market liberalization; the ownership of firms, viewed both theoretically and empirically; government decentralization, offering and testing hypotheses about its link to local economic development; and the specific historical conditions of China's regional-based central planning.

Governing Neighborhoods in Urban China

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Release : 2023-05-15
Genre : History
Kind : eBook
Book Rating : 278/5 ( reviews)

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Book Synopsis Governing Neighborhoods in Urban China by : Beibei Tang

Download or read book Governing Neighborhoods in Urban China written by Beibei Tang. This book was released on 2023-05-15. Available in PDF, EPUB and Kindle. Book excerpt: Governing Neighborhoods in Urban China examines the key mechanisms operating at the grassroots level in China that contribute to urban development and increased public support for the legitimacy and authority of the Chinese state. Beibei Tang uncovers new trends and dynamics of urban neighborhood governance since the 2000s to reveal the significant factors that contribute to regime survival. Tang introduces the concept of hybrid authoritarianism, a governance mechanism an authoritarian state employs to produce governance legitimacy, public support, and regime sustainability. Hybrid authoritarianism is situated in an intermediary governance space between state and society. It accommodates both state and non-state actors, deals with a wide range of governance issues, employs flexible governance strategies, and in this context, ultimately strengthens CCP leadership. Tang documents processes of hybrid authoritarianism through her focus on various types of urban neighborhoods, including new urban middle-class neighborhoods, and the increasing urbanization of the countryside. Governing Neighborhoods in Urban China provides a conceptual framework that avoids scholarly approaches that tend to reify either one-party autocracy or Western-centric notions of democracy.

Money on the Move

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Release : 1999
Genre : Business & Economics
Kind : eBook
Book Rating : 440/5 ( reviews)

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Book Synopsis Money on the Move by : Robert Solomon

Download or read book Money on the Move written by Robert Solomon. This book was released on 1999. Available in PDF, EPUB and Kindle. Book excerpt: The international monetary system has changed radically in the last twenty years. Capital, information, goods, and services move around the globe with unprecedented ease. Countries from the former communist bloc have joined the system. Europe is on the verge of monetary union. Financial crises in East Asia and Mexico have rocked the world economy. In this book, Robert Solomon--author of the definitive history of the monetary order between 1945 and 1981--presents the first comprehensive history of these and other aspects of this revolution in international finance. Authoritative, accessible, and elegantly written, the book will be indispensable for anyone who wishes to understand how today's international monetary system works. Solomon begins with the spectacular rise and subsequent decline of the foreign exchange value of the U.S. dollar in the 1980s. He covers the debt crisis of developing countries in the 1980s. He explores the shift from central planning to market economies in many countries in the 1990s and explains the origins, implications, and problems of the move to a single European currency. Solomon examines in detail the striking increase in the mobility of capital--paying particular attention to the costs and benefits for developing countries, and to the role of capital mobility in the Mexican crisis of 1994 and the Asian crisis that began in 1997. In the book's final chapter, Solomon provides an overview of the international monetary system and considers how it might evolve in the future. In this section, he focuses on the key subjects of balance-of-payments adjustments, supply of reserves, and stability. He also evaluates a variety of much-debated policy instruments, including inflation targeting, currency boards, target zones for exchange rates, free-floating exchange rates, the Tobin tax, macroeconomic policy coordination, and special drawings rights. Throughout, Solomon relates developments in the international monetary system to macroeconomic conditions in the countries involved--arguing that it is impossible to understand one without understanding the other. As a clear, thorough, and unusually perceptive account of global finance and monetary economics in the late twentieth century, Money on the Move will be vital reading for economists, policymakers, and general readers.

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