Transformative Economic Growth -- A Structural and Institutional Analysis of China's Economy

Author: Lu Di (Author)
Publisher:
Publish Date: 2001-07-01
Features: China's economy under the background of institutional reform, structural analysis of China's industrialization and economic growth, the machinery and electronics industrial zone as a linkage between foreign trade and economic growth, institutional reform to break away from the Soviet model from the perspective of late industrialization, and the risks of late development worldwide and China. The purpose of this book is twofold: First, it aims to provide an insightful analysis of China's economic transformation in the last two decades of the 20th century, with a particular focus on analyzing the incentives and constraints of reintegration into the world market on economic development and reform. Second, it seeks to engage in discussions about institutional reform to break away from the Soviet economic model. The book's starting point is based on the belief that a work with such purposes must be grounded in empirical analysis rather than a priori concepts. Therefore, all arguments throughout the book are derived from real-world observations or what is termed stylized facts, rather than any so-called theorems of economic theory.