Franklin

China's Great Economic Transformation.

Author/Creator:
Brandt, Loren.
Publication:
New York : Cambridge University Press, 2008.
Format/Description:
Book
1 online resource (930 pages)
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Subjects:
China -- Economic conditions -- 1976-2000.
Form/Genre:
Electronic books.
Summary:
This landmark study provides an integrated analysis of China's unexpected economic boom of the past three decades.
Contents:
Cover
Half-title
Title
Copyright
Contents
Figures
Tables
Contributors
Acknowledgments
ONE China's Great Economic Transformation
BACKGROUND: CHINA'S ECONOMY PRIOR TO THE START OF ECONOMIC REFORM
KEY FACTORS IN CHINA'S REFORM SUCCESS
KEY ELEMENTS IN THE POLITICAL ECONOMY OF CHINESE REFORM
Broad Guidelines -What They Can and Cannot Do
Decentralized Experimentation
Political Competition
Pro-Growth Coalition
CONCLUSION
References
TWO China and Development Economics
CHINA'S COMPARATIVE ECONOMIC PERFORMANCE: A QUANTITATIVE LOOK
Demography
Measurement of GDP: Prices and Other Considerations
Growth Rates and Productivity Levels
Savings Rate
Education, Energy, and Resources
Income Distribution
Regional Income Differences
Household Distribution of Income
COMPARATIVE ECONOMIC PERFORMANCE: GOVERNANCE ISSUES
Prescriptive and Proscriptive Roles of Government
Corruption and Governance
Correlates of Corruption
Features of Corrupt Administrations
Poorly Defined Property Rights and Corruption
Concluding Governance
AGRICULTURE AND LAND TENURE
Land Tenure and Development
Land Tenure in China
RURAL INDUSTRIALIZATION
The Role of Rural Industry in China's Development
Explaining the Rise of China's Rural Industries
Lessons from the Chinese Experience
CONCLUSIONS
References
THREE China in Light of the Performance of the Transition Economies
INTRODUCTION
STRATEGIES FOR TRANSITION
Privatization
Banking System
Labor and Social Institutions
Legal System and Institutions
PERFORMANCE OF CHINA AND THE CEE AND CIS ECONOMIES
Gross Domestic Product
Inflation
Exchange Rates, Current Account, and Exports
External Debt and Financial Crises
Budget and Taxes
Privatization and Creation of New Firms.
Domestic and Foreign Investment
Employment Adjustment, Wage Setting, Unemployment, and Income Distribution
Assessment by the Financial Markets
CONCLUSION
References
FOUR A Political Economy of China's Economic Transition
ECONOMIC TRANSITION IN AN AUTHORITARIAN REGIME
The Starting Point: The Command Economy Equilibrium
The Political Challenge of Transition
The Initial Steps
THE FIRST PERIOD OF TRANSITION, 1978 THROUGH 1993
The Structure of Power at the Top
The Overall Policy Regime
The Pattern of Reform Initiatives
Reform Outcomes
Adapting the System: Rebuilding Hierarchy and the Patronage System
The Structure of Power at the Center
The Overall Policy Regime
The Pattern of ReformInitiatives: Radical Restructuring and Marketization
Reform Outcomes
Adapting the System: Rebuilding Hierarchy and Patronage Resources
CONCLUSION: THE POLITICAL ECONOMY OF TWENTY-FIRST CENTURY CHINA
References
FIVE The Demographic Factor in China's Transition
TWO AND A HALF DECADES OF DEMOGRAPHIC CHANGE
Institutional Background of Demographic Change
Major Indicators of Demographic Change
Population Growth and Fertility
Mortality and Health
Migration and Urbanization
Household Type and Living Arrangement
IS CHINA'S FERTILITY DECLINE YIELDING DIVIDENDS?
The First Dividend
Population Aging and the Second Dividend
SOCIAL CONSEQUENCES OF DEMOGRAPHIC CHANGE
Rising Sex Ratio and Female Child Survival
Social Stratification in Marriage
Regional Disparities
CONCLUSION
APPENDIX: CALCULATING THE DEMOGRAPHIC DIVIDEND
THE FIRST DIVIDEND
THE SECOND DIVIDEND
References
SIX The Chinese Labor Market in the Reform Era
INTRODUCTION
ECONOMIC REFORM AND THE EVOLUTION OF CHINA'S LABOR MARKET
Antecedents: The Socialist Labor System under Planning.
Rural Reforms, 1978-1984
Industrial Reform and the Rise of TVEs, 1985-1992
Rapid Growth and Marketization, 1993-1996
Economic Restructuring and Globalization, 1997 to Present
EMPLOYMENT
Trends in Unemployment and Labor Force Participation
Causes of Unemployment and Slow Job Creation
Employment Adjustments by Enterprises
TheWelfare of Dislocated Workers
WAGES
Trends in Wages during the Reform Period
The Returns to Human Capital
Gender-Wage Gap
Interfirm Wage Differences
EMPIRICAL EVIDENCE ON LABOR MOBILITY
Rural Labor Mobility
Interregional Labor Mobility
Informalization and JobMobility Across Ownership Sectors
CONCLUSION
References
SEVEN Education in the Reform Era
INTRODUCTION
BACKDROP: EDUCATION DURING THE CULTURAL REVOLUTION
EDUCATIONAL PROVISION UNDER MARKET REFORMS: POLICIES, FINANCE, AND QUALITY
Educational Policies
Finance
Quality
EDUCATIONAL PARTICIPATION AND ATTAINMENT
Past Expansions and the Educational Attainment of the Adult Population
Reform Era Changes in the Level and Composition of Enrollment
Enrollment and Attainment Disparities in the Reform Era
Gender
Socioeconomic Status
Geography
Ethnicity
DISCUSSION AND CONCLUSIONS
References
EIGHT Environmental Resources and Economic Growth
INTRODUCTION
POLLUTION
Air Pollution
The Environmental Kuznets Curve
Water Pollution
NATURAL CAPITAL
Forests
Water
Soil
Energy
Other Resources
Fisheries
Minerals
NATURAL RESOURCES KUZNETS CURVE
Natural Resources Kuznets Curve Theory
NRKC Empirics
GREEN NET NATIONAL PRODUCT
GNNP: Theory
GNNP: Empirics
GENUINE CAPITAL ACCUMULATION
Genuine Capital Accumulation: Theory
Genuine Capital Accumulation: Empirics
POLICY ENVIRONMENT
CONCLUSION
References.
NINE Science and Technology in China
INTRODUCTION
CHINA'S S&
T SYSTEM IN HISTORICAL PERSPECTIVE
The Pre-1949 Period
The Socialist Era
The Reform Period
CHINA'S S&
T LEVEL IN INTERNATIONAL CONTEXT
Measures of Innovation Effort
R&
D Intensity
Scientists and Engineers
Basic Research
Measures of S&
T Achievement
Patenting
International Scientific Publications
Export Quality
Regional Distribution of S&
T Effort
THE SHIFTING LOCUS OF R&
D ACTIVITY
The Enterprise Sector
The Research Institutes
Universities
CONTRIBUTIONS OF THE FOREIGN SECTOR: DIRECT AND INDIRECT
Role of Foreign-Funded R&
D
Role of FDI
Role of Imported Technology Markets
GOVERNMENT POLICIES AND PROGRAMS IN SUPPORT OF S&
T
Organization
Government Programs
Incentives for the Enterprise Sector
The Patent System
Technology Standards
CASE STUDIES
Semiconductors
State of the Technology
Strategic Issues for Catch-Up
Role of Policy
Automobile Industry
State of Technological Development
Strategic Issues for Catch-Up
The Role of Policy
WHAT HAS BEEN THE IMPACT OF R&
D ON CHINA'S ECONOMY?
The Returns to R&
D
Hu and Jefferson (2004a)
Cheung and Lin (2004)
Jefferson, Bai, Guan, and Yu (2004)
Jefferson and Zhong (2004)
Fisher-Vanden and Jefferson (2006)
The Factor Bias of R&
D
HOW SUSTAINABLE IS THE GROWTH OF CHINA'S S&
T ACTIVITY?
Why So Early?
High Rates of Literacy
Market Size
Proximity to Dynamic Economies
CONCLUSIONS AND DISCUSSION
References
TEN The Political Economy of Private-Sector Development in China
THE POLICY ENVIRONMENT FOR THE PRIVATE SECTOR IN CHINA
Private-Sector Survey Data on Financial Constraints
Fixed-Asset Investment Indicators
DISCUSSION.
State and Private Sector in China: Reconciling with Existing Research
Comparison with the East Asian NIEs
CONCLUSION
References
ELEVEN The Role of Law in China's Economic Development
INTRODUCTION
THE DEVELOPMENT OF LAW DURING THE ERA OF ECONOMIC REFORM
The Place of Law in the Early Years of Reform
The Economy and the Law Coevolve
The Development of Economic Law: A Timeline
1978-1984
1985-1989
1989-1992
1992-present
The Formal Legal System Today and Its Problems
The Future
ARE PROPERTY RIGHTS SECURE? DO THEY MATTER?
TRANSACTIONS IN GOODS AND SERVICES
Early Reforms: Incremental Liberalization Supporting Exchange Relationships
Evolution of Contract Law
Making Agreements
Dispute Resolution
Negotiation andMediation
Arbitration
Litigation
Judgments and Their Enforcement
Summary
CORPORATE GOVERNANCE
The Early Years of Reform: State Ownership and Managerial Incentives
The Early Years of Reform: Anonymous Banking and the Flow of Finance
The Role of Corporate Governance in Facilitating the Flow of Finance
Summary and Reflections
References
TWELVE China's Fiscal System: AWork in Progress
THE DEVELOPMENT OF THE FISCAL SYSTEM
The Starting Point
The Decline of the Budget, 1978-1993
The 1994 Reform
TaxModernization
The Tax-Sharing System
Tax Administration
Overview of the Reform
A System in Transition
MOBILIZING PUBLIC-SECTOR RESOURCES
The Tax System
Outside the Budget
What Are EBF?
The Effects of EBF
SPENDING AND SERVICES
Budget Reform
Public Service Delivery
THE KEY TO THE FISCAL FUTURE: INTERGOVERNMENTAL FINANCE
Growing Fiscal Disparities
The Tenuous Link between Transfers and Services
CHINA IN INTERNATIONAL PERSPECTIVE
PUBLIC FINANCE MATTERS
References.
THIRTEEN Agriculture in China's Development Past Disappointments, Recent Successes, and Future Challenges.
Notes:
Description based on publisher supplied metadata and other sources.
Local notes:
Electronic reproduction. Ann Arbor, Michigan : ProQuest Ebook Central, 2021. Available via World Wide Web. Access may be limited to ProQuest Ebook Central affiliated libraries.
Contributor:
Rawski, Thomas G.
Other format:
Print version: Brandt, Loren China's Great Economic Transformation
ISBN:
9780511399169
9780521885577
OCLC:
437209192