Macroeconomic reform in China

laying the foundation for a socialist market economy

Publisher: World Bank in Washington, D.C

Written in English
Cover of: Macroeconomic reform in China |
Published: Pages: 147 Downloads: 848
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Places:

  • China
  • Subjects:

    • China -- Economic policy -- 1976-2000.
    • Edition Notes

      Statementedited by Lou Jiwei.
      SeriesWorld Bank discussion paper,, no. 374, World Bank discussion papers ;, 374.
      ContributionsLou, Jiwei, 1950-, World Bank.
      Classifications
      LC ClassificationsHC427.92 .M3294 1997
      The Physical Object
      Paginationxviii, 147 p. ;
      Number of Pages147
      ID Numbers
      Open LibraryOL683522M
      ISBN 100821340182
      LC Control Number97030276

China’s Dilemma: Economic Growth, the Environment and Climate Change China’s New Place in a World of Crisis China: The Next Twenty Years of Reform and Development Rising China: Global Challenges and Opportunities Rebalancing and Sustaining Growth in China China: A New Model for Growth and Development File Size: 5MB. macroeconomics (măk′rō-ĕk′ə-nŏm′ĭks, -ē′kə-) n. (used with a sing. verb) The study of the overall aspects and workings of a national economy, such as income, output, and the interrelationship among diverse economic sectors. mac′roec′onom′ic adj. mac′roecon′omist (-ĭ-kŏn′ə-mĭst) n. The experience of the reform through this period is reviewed in Barry Naughton, ‘False Starts and Second Wind: Financial Reforms in China’s Industrial System’, in E. Perry and C. Wong, (eds), The Political Economy of Reform in Post-Mao China (Cambridge, Massachusetts: Harvard University Press, ), pp. – Google ScholarCited by: 6. Seychelles embarked on a macroeconomic reform programme in November to primarily address serious balance of payments and external debt difficulties. In the past, attempts at redressing the economy through home-grown reform programmes faced significant challenges and were unsuccessful as the measures were largely piecemeal and Size: 16KB.

BEIJING -- Premier Li Keqiang said Tuesday that China would maintain the stability of its macroeconomic policy, and continue reform and opening up in By , China's government acknowledged the private economy as an important component of the socialist market economy. Economists have hailed China's economic reform as being greatly successful. In post China, real growth averaged more than 9 percent. This book is designed to explain the secret to China’s fast growth during the last 40 years from a witness’ point of view. It Provides detailed reform policies that drive China engine, Ir also analyzes the China model from the perspective of a : Springer Singapore. Growing Out of the Plan is a comprehensive study of China's economic reforms, from their beginnings at the end of through the completion of many of the initial reform measures during The book focuses on industry and macroeconomic policy, using these to describe reform strategy in its : Barry Naughton.

Discussion: In his new book, The State Strikes Back: The End of Economic Reform in China?, Nicholas Lardy concludes that China’s economic slowdown is largely the result of a return to state control of the economy and the burgeoning misallocation of resources by China’s financial sector. Defying conventional economic wisdom that such a. Part I: Reform and Macroeconomic Development. 23 2. Mostly Slow Progress on the New Model of Growth Ross Garnaut We said in the introductory chapter to the China Update book that contemporary changes in economic policy and structure were so comprehensive and profound they represented a new model of Chinese economic growth. This book comprehensively studies the dynamic mechanism of inflation in China from the perspective of New Keynesian Economics. By combining the dynamic trajectory of price changes since China's reform and Inflation plays a central role in macroeconomic and financial policy regulation, and its dynamic formation has gradually become a popular Pages: Part III. Macroeconomic Instability 9. Industrial Reform as a Major Cause of Inflation, Gang Fan Wage Reforms and the Effectiveness of Aggregate Wage Target Control, Zhongwei Yang and Zhineng Han Empirical Evidence of the 'Twin Expansion' of Investment Price: $

Macroeconomic reform in China Download PDF EPUB FB2

This book contains papers produced from to on Chinese macroeconomic policy by the Department of Macroeconomic Regulation Studies (DMRS), under the direction of the System Restructuring Commission (SRC) of the People's Republic of China.

The book reflects the issues and debates during this period. Publisher Summary. This chapter focuses on the dual pricing system in China's industry. A dual pricing system has evolved in the midst of China's economic reform: products allocated according to the central plan, on the one hand, follow a fixed pricing system, while the portion of its output that an enterprise produces on its own, as above-plan output, can be sold on the free market.

Macroeconomic reform in China: laying the foundation for a socialist market economy (English) Abstract. This book contains papers produced from to on Chinese macroeconomic policy by the Department of Macroeconomic Regulation Studies (DMRS), under the direction of the System Restructuring Commission (SRC) of the People's Republic of by: 7.

Macroeconomic reform in China: laying the foundation for a socialist market economy (Inglês) Resumo. This book contains papers produced from to on Chinese macroeconomic policy by the Department of Macroeconomic Regulation Studies (DMRS), under the direction of the System Restructuring Commission (SRC) of the People's Republic of by: 7.

The author of this book is the original proponent of China's exchange rate system reform announced in This book discusses: Through these discussions, the author hopes to share his knowledge on macroeconomic policy management accumulated over the past thirty five : Paul Sau Leung Yip.

Reading the Macroeconomic Tea LeavesThe annualised growth rate for China in the first half of was % compared with % inand inflation was % for the first half of compared with % in Since the growth and inflation rates in the first half of were still substantially below their respective averages of % and % during the periodit appears Cited by: 2.

China: Economic Reform and Macroeconomic Management (International Monetary Fund Occasional Paper) - Kindle edition by Gyorgy Szapary, Steven Vincent Dunaway, David Burton, Mario I.

Bléjer, Mario Blejer. Download it once and read it on your Kindle device, PC, phones or tablets. Use features like bookmarks, note taking and highlighting while reading China: Economic Reform and Macroeconomic Cited by: Microeconomic reform (or often just economic reform) comprises policies directed to achieve improvements in economic efficiency, either by eliminating or reducing distortions in individual sectors of the economy or by reforming economy-wide policies such as tax policy and competition policy with an emphasis on economic efficiency, rather than other goals such as equity or employment growth.

Additional resources for Macroeconomic reform in China: laying the foundation for a socialist market economy Sample text We believed macroeconomic reform was inevitable and could not be carried out piecemeal in some regions and sectors; rather, it would have to involve the national economy, and reforms in any one sector would have to be /5(15).

China encountered problems preserving economic stability while pursuing reforms aimed at increasing its economic flexibility and efficiency.

This paper examines China's experience with market-oriented reforms sinceoffering lessons for other centrally planned economies in. China: Economic Reform and Macroeconomic Management.

by Gyorgy Mr. Szapary,Steven Mr. Dunaway,David Mr. Burton,Mario Mr. Bléjer. Occasional Papers (Book 76) Thanks for Sharing. You submitted the following rating and review.

We'll publish them on our site once we've reviewed : INTERNATIONAL MONETARY FUND. Book Description. China’s Macroeconomic Policy is a key collection of articles that showcase how economic policies have changed—and are changing still—in the world’s second largest economy, in a way that will affect the global economy.

From exchange rates to fiscal policy, Chinese reforms have developed gradually to transform the country from one dominated by the state’s central. state economic enterprise reform; trade, investment and financial sector development, and; public financial management.

In addition to these thematic areas, a significant role for the macroeconomic team is to support the CESD leadership, notably Dr Zaw Oo, CESD Executive Director. 1 Throughout this book, "China" refers to the Chinese mainland, and "provinces" refers to the set of 28 provinces, autonomous regions, and municipalities listed in Table in Chapter 3.

2 For a comprehensive review of reforms during this period, see Bell and others (). 3 Symbolized, for example, by an amendment to the Constitution in March putting private ownership and private.

That China’s initial urban reform did not fare well was partly due to the fact that prolonged irrational price structure continued to encourage unfair competition. Many companies which benefited from state-subsidized raw materials made profits while others suffered losses.

Whether China succeeds or fails in economic reform will have a large impact, not just on China’s development, but also on stability and prosperity for the whole world. Book Details Pages. This book contains papers produced from to by the Department of Macroeconomic Regulation Studies (DMRS), under the direction of the System Restructuring Commission (SRC) of the People's Republic of China.

These include reports and essays on Chinese macroeconomic policy and reform carried out or led by DMRS. More than merely a record of the Department's work, the book reflects. Additional Physical Format: Online version: Macroeconomic reform in China.

Washington, D.C.: World Bank, © (OCoLC) Material Type: Government. Included are chapters providing an update on reform and macroeconomic development, educational inequality, the role of intangibles in determining China’s economic growth, and China’s progress in transitioning towards being an innovative country.

Macroeconomic and Financial Frameworks for Successful Implementation of BEIJING, CHINA National Development and Reform Commission, China • Dimitry KUMSISHVILI, First Vice Prime Minister, Georgia • Ahsan Iqbal CHAUDHARY, Minister of Planning/Interior, Pakistan.

The author of this book is the original proponent of China's exchange rate system reform announced in This book discusses: Through these discussions, the author hopes to share his knowledge on macroeconomic policy management accumulated over the past thirty five years.

In particular, he would. In late China announced a program to reshape its economy. Over the subsequent ten years, economic reform involved the relaxation of direct planning controls, the decentralization of economic decision making, increased reliance on market forces in setting prices and output, the development of nonstate-owned economic entities, and an opening of China’s economy to the outside world.

ISBN: X OCLC Number: Notes: "Papers produced from to by the Department of Macroeconomic Regulation Studies (DMRS), under the direction of the System Restructuring Commission (SRC) of the People's Republic of China".

This paper sketches a macroeconomic scenario for China for Our growth accounting exercise finds that, with both the working population and total factor productivity on course to decelerate, potential GDP growth is likely to moderate in the coming 10 years, despite still sizeable capital deepening.

Dealing specifically with the giant state-owned enterprises (SOEs), Industrial Reform and Macroeconomic Instability in China unravels the intriguing dynamics between industrial deregulation and inflation, in the context of China's continuous search for sustained, stable economic growth without runaway inflation.

This book will be of use to. Economic Reform in Modern China is supplemented with a full index and includes a comprehensive introduction, newly written by the editor, which places the collected material in its historical and intellectual context.

It is destined to be valued by scholars, students, and researchers as a. Economic Reform and Growth in China Gregory C. Chow Department of Economics, Princeton University, USA E-mail: [email protected] This paper surveys (1)the reasons for economic reform in China to be intro-duced in(2)the major components of economic reform, (3) the character.

Eduardo Wiesner's book makes an important contribution to the understanding of development by blending together the interdependent issues of macroeconomic performance and volatility, equity and distributive justice, fiscal deficits and the redistributive effectiveness of social public expenditures and the demand for the 'right' institutions and for policy reform in Latin America.

China Economy: macroeconomic scenarios and prospects for reform Key judgements: China's economy remains imbalanced. Investment levels are too high, supported by excessively fast credit growth. Consumption's share of the economy is very low. The root of the imbalances is structural.

The price reform of agricultural products mainly includes the pilot projects of price reform of cotton in Xinjiang, soybeans in northeast China and Inner Mongolia, as well as subsidy system for corn producers in northeastern China and the Inner Mongolia Autonomous Region.

The World Bank, Doing Business Reform and employment creation. China’s efforts in searching for new sources of growth are increasingly pressing given the persistence of the growth slowdown in recent years. This year’s book elucidates key present macroeconomic challenges facing China’s economy inand the impacts and readiness of human capital, innovation and technological change in affecting the development of China’s economy.Economic Reform in China: A New Phase.

by David Mr. Burton,Wanda Ms. Tseng,Kalpana Ms. Kochhar,Hoe Khor,Dubravko Mr. Mihaljek. Occasional Papers (Book ) Thanks for Sharing! You submitted the following rating and review.

We'll publish them on our site once we've reviewed : INTERNATIONAL MONETARY FUND.This paper discusses the current economic reform program, with particular focus on aspects relating to macroeconomic management. Section I describes the working of the existing system in the.