The way of development

Author: Fan Gang
Publisher:
Publish Date: 2002-01-01
Features: In the new situation, we will face new problems and difficulties. Where is our competitiveness internationally and domestically? How can we formulate appropriate economic development strategies based on our specific national conditions, environment, and development stage, leveraging our unique advantages to avoid detours and mistakes, and enable China's economy to achieve another 20-30 years of high-speed growth. Comparative advantage is a fundamental principle in development economics. Currently, China is severely lacking in the basic principles of development economics. In many development strategy issues, without the fundamental concepts of development economics, such as comparative advantage, it is impossible to formulate correct development strategies and economic policies. Our economy lacks efficiency, and the losses of state-owned enterprises everywhere are related to these issues. However, it should be noted that there are many other factors in the economy that determine its operation, corporate efficiency, and development, not just comparative advantage. This book plays a role in popularizing some of the basic principles of development economics.