Path to Economic Transition (Collected Works of Zhang Dexiu)

Author: Zhang Dexiu
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Publishing Time: Not available
Features: This collection includes the author's main research achievements since the 1980s, covering: economic reform (transition) theory; the practice and models of economic reform; foreign direct investment and China's utilization of foreign capital; China's accession to the WTO and participation in the process of economic globalization; regional economics and the economic relations between China's mainland, Hong Kong, and Taiwan. Through these writings and manuscripts, we can not only share the professors' research findings and appreciate their academic style but also grasp the intellectual trajectory of China's economic research in different historical periods, reflect on the unique economic practices of specific historical stages, and examine the development of economic theories and research methodologies. This collection conducts a comparative study of the theory and practice of economic transition in China and Soviet Union, Eastern European countries. In the theoretical section, it points out that breaking through and innovating traditional economic theories, including property rights and the role of markets, are prerequisites for the economic transition of countries. In the practical section, it compares the characteristics, difficulties, achievements, and costs of economic transition in different countries, noting that while the market economy models established share commonalities due to different national conditions and theoretical perspectives, they each have distinctive features. In terms of foreign economic relations, it highlights that participating in the process of economic globalization and acceding to the WTO are important components of economic transition, presenting both opportunities and challenges. The final part of the collection points out that establishing closer economic relations between the mainland of China and Hong Kong, Macao, and Taiwan reflects China's determination to establish a fully market economy status, which is of great significance.