Economic Growth in China: Analysis of Institutional Factors

Author: Chen Rongrong
Publisher:
Publish Date: 2005-07-01
Features: This book is a project funded by the Social Science Fund of the Beijing Municipal Education Commission, a collaborative work completed by numerous experts and scholars. It reanalyzes new institutional economics and applies its perspectives to examine and summarize the achievements and experiences of China's reform and opening-up. The book concludes that China's reform and opening-up is driven by institutional innovation and institutional transformation, which is the true engine of the country's past rapid economic growth. The authors comprehensively summarize and explore the history, current status, problems, and countermeasures of reforms in various fields of China, presenting a panoramic view of the institutional innovations since China's reform and opening-up. At the same time, it conducts an in-depth analysis with a focus on the property rights system of state-owned enterprises and the government management system. Therefore, it concludes that the reform of state-owned enterprises and the transformation of government functions are undoubtedly the top priorities of China's economic reform.