Macroeconomic Analysis of China

Author: Yang Shengming
Publisher:
Publish Date: 2001-08-01
Features: This book summarizes and generalizes the new explorations and achievements in macroeconomic theory in the fields of consumption, market, price, and foreign trade and economic cooperation during China's more than 20 years of reform and opening-up. The author analyzes low consumption and high consumption, consumption shrinkage and consumption expansion, proposes the criteria for moderate consumption and its implementation mechanisms; comments on the "omnipotence theory" and "uselessness theory" of the law of value, clarifies the basic laws of the market economy, the commonalities and characteristics of the market, as well as the basic features of China's market economy; demonstrates the new breakthroughs in China's foreign trade and economic cooperation theory based on the theory of international value, and reveals the basic operating mechanisms of the WTO and China's countermeasures.