Economic Reform and Development in China

by Yining Li

Overview

Known internationally as 'Mr Share Holding', the economist Li Yining has had a transformative impact on China's economic transition, most notably as an early advocate of ownership reforms in the state and other non-private sectors and in his promotion of shareholding theory, initiating the drive towards a modern corporate system in China. The thinking behind these and other landmark contributions that have helped to reshape China are featured in Economic Reform and Development in China, a collection of sixteen influential papers written and published during the reform period, from 1980 to 1998. Incorporating original research, policy proposals and theoretical thinking, these papers trace the development of Li's thought and the process through which the 'China Miracle' has been worked over the last three decades. This newly edited translation introduces how inextricably linked Li's academic work has been to the development of a distinctively Chinese path of economic reform.

Product Details

ISBN-13:	9781107024052
Publisher:	Cambridge University Press
Publication date:	03/01/2012
Series:	The Cambridge China Library
Pages:	370
Product dimensions:	6.14(w) x 9.21(h) x 0.87(d)

About the Author

Li Yining is Professor of Economics and Honorary Dean of the Peking University Guanghua School of Management. He is one of China's foremost economists and the author of twenty books and numerous articles on a wide range of economic subjects including reform and development in China. He has received a number of highly prestigious awards and honours for his research. As the leading proponent of a market economy in China, Professor Li has had an enormous influence on China's economic reform policy over the last three decades. He has served on the Standing Committee of the National People's Congress of China and is currently Vice-Chairman of the Economic Committee of the Chinese People's Political Consultative Conference.

Table of Contents

1. The role of education in economic growth; 2. Effective and rational investment under socialism; 3. Basic thoughts on economic restructuring; 4. A tentative study of socialist ownership structure; 5. Two types of disequilibrium and the mainstream of current economic restructuring; 6. Relationship between economic reform, growth and industrial restructuring; 7. Laying a solid foundation for new culture; 8. Cultural economics: a tentative study; 9. Environmental protection and compensation to victims of environmental damage; 10. Co-ordinating economy and environment in less developed regions; 11. Comparative economic history and the modernisation of China; 12. Growth and fluctuations in economic disequilibrium; 13. Property rights reform of rural enterprises; 14. Rationality and proportionality in income distribution; 15. Meshing fiscal policy with monetary policy; 16. The dual foundations of efficiency.