Collection of Yang Shengming -- Academic Committee Collection of the Chinese Academy of Social Sciences

Author: Yang Shengming
Publisher:
Publish Date: 2005-05-01
Features: This series of works collects decades of outstanding and representative academic papers from the academic committee members, with each member contributing one book, self-selected, totaling 41 volumes and approximately 15 million words in total. Tang Kemin, Deputy Editor-in-Chief of Shanghai Ci Shu Press, responsible for the publication of this book, said: “All members of the Academic Committee of the Chinese Academy of Social Sciences are senior experts in their respective fields. Most of them were previously directors of research institutes or leading figures in their disciplines, and they are all in their 60s and 70s. Selecting and compiling their research achievements over half their lives into a series of books can partially reflect the level of our country's social science research. After reading the manuscript, we felt that these experts and scholars have a very good academic style, being truthful, pragmatic, and linking theory with practice, setting a great example for the younger generation of scholars.”
The great cause of China's reform and opening-up is earth-shaking and has resonated across the world, prompting everyone to think and seek answers. The collection of essays before the readers is some of the important results of the author's 20. They address some of the key issues encountered during the reform and opening-up and propose many unique perspectives or constructive ideas. Over the past 40 years, the author has explored many research fields but has always placed macroeconomic theoretical research as the primary focus. Some of these research achievements have been included in the book China's Macroeconomic Analysis, published in 2001. Now, 17 of these papers have been included in this book. These papers explore the issues that arise at different stages of China's macroeconomic development from various perspectives and propose their own viewpoints.
The labor value theory is both an ancient theory and a new one. It seems to be a mysterious theory detached from practice, but in fact, it is always with us, appearing and disappearing in China's economic life. Around it, China's theoretical circles have been constantly debating. The text first clarifies the three foundations of price formation that have appeared in history. In the era of economic globalization, the foundation of price formation is no longer value and production price, but only international value.
In the field of consumption economic theory research, the author started early and has made more achievements. Regarding economic trade, the paper A Deep Look into the Underlying Causes of the East Asian Financial Crisis points out that the "fundamental reasons for this crisis lie internally, in the outdated economic structures, extensive growth models, and economic maladjustment of the countries involved." Therefore, the cause cannot be solely found within the financial sector itself.