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Economic Theories in China, 1979-1988 (Paperback)
  • Economic Theories in China, 1979-1988 (Paperback)
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Economic Theories in China, 1979-1988 (Paperback)

(author)
£23.99
Paperback 216 Pages / Published: 24/11/2005
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In China, the decade 1979-88 featured an unprecedented willingness to depart from the traditional dogmatic interpretations of socialism and to enter into a discourse aimed at promoting economic reforms and development. Robert C. Hsu systematically explores the substance and logic of the evolution of the most vital economic-reform theories prevalent in China during those years (before the recent slow-down). He also examines and assesses the delicate interaction between these theories and the practical policies of the Chinese government. Hsu's analysis covers the debates over exactly how to combine the market mechanism with socialist planning. Chinese economists argued about how to diversify the ownership system, how to implement price-wage reforms, how to invigorate state-owned enterprises and make them more efficient, and how to develop China's agriculture, industry and foreign trade. Though Hsu critically dissects the diversity of views and describes the shortcomings which will affect future economic policies and theories, his mood is primarily an affirmation of the new dynamic age of China's economics.

Publisher: Cambridge University Press
ISBN: 9780521023146
Number of pages: 216
Weight: 330 g
Dimensions: 229 x 154 x 14 mm


MEDIA REVIEWS
'... this is by far the best single introduction to the thinking of Chinese economists in the reform decade.' The Economic Journal
"This work, the major resource in English analyzing China's economic thought since the death of Mao Zedong, fills an important gap." Choice
"...this book admirably fulfills its main task of clarifying and analyzing recent Chinese economic discussions." Pacific Affairs
"Professor Hsu's book is an excellent survey of Chinese economists' explorations of theoretical issues during the relatively relaxed reform period 1979-1988....The book makes a significant contribution to contemporary multicultural, in the serious, not campus-fadist meaning of the word, history of economic theory....The writing [is] clear and attractive....Professor Hsu's exemplary book is evenhanded the way scholarly books are supposed to be. It is informed, perceptive, and important." Jan Prybyla, Journal of Comparative Economics

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