Introduction to the Analysis of China's Economic Transformation

Author: Wu Zhuang
Publisher:
Publish Date: 2005-05-01
Features: The research object of this book is the process of China's economic transformation. The author reveals some theoretical logics different from Western economics but significant for the establishment of Chinese economics through the study of the transformation process. The author believes that a comprehensive methodology is clearly suitable for analyzing the multifaceted issue of China's economic transformation. The book's assumptions are comprehensive, meaning it does not consistently assume that individuals or groups of individuals are rational economic agents maximizing their own interests. Relevant chapters discuss the different changes in people's behavior under various institutional environments through the study and discussion of human behavior, expected utility functions, etc. The author argues that this assumption is more aligned with the process of China's economic transformation in Xi'an. Moreover, its research content is also comprehensive. The author employs both holistic research methods and individual methodologies, with the integrated use of analytical tools serving the purpose of better revealing the underlying intrinsic and essential connections behind economic phenomena, allowing it to get closer to the real process of China's economic transformation rather than merely pursuing logical perfection and formalization. This book does not conduct a simple composite study of China's economic transformation. It consistently focuses on the transformation of the interests of different stakeholders and the interest relationships and structures during China's economic transformation, which is the main thread of the book's analysis. The research in this book will play a "catalytic" role in extracting general economic conclusions from China's economic transformation and in the eventual formation of young Chinese transformation economics.