Journal of Western Economics: 2006 Issue 1 (Issue 1 of the series)

Author: Fang Fuqian
Publisher:
Publish Date: 2006-07-01
Features: China's economic system reform, opening-up, and economic development have entered a new historical stage. The socialist market economy system has taken form, and China's economy is growing rapidly at an annual rate of over 8%. The gap between our per capita income and living standards and those of developed countries is narrowing. However, the market economy in China is still in its infancy, and our understanding of it remains relatively superficial. Western economics largely represents a theoretical summary and empirical conclusion by Western scholars about developed market economies, offering a systematic and normative analysis of the market economy. The construction and development of Chinese economics, as well as our deepening understanding of the market economy, require both: under the guidance of Marxist principles and methods, starting from China's market economy practice, focusing on new phenomena and issues emerging in China's market economy development, and elevating these research findings into economic theory; and studying and drawing on Western economics, adopting the achievements in Western economics that reflect the commonalities and general relationships of the market economy for our use, while adapting those that do not align with China's realities through "Sinicization" to explain and solve China's economic problems. To achieve the above goals, we believe it is necessary to establish a dedicated platform in China's academic circles to publish the academic achievements of domestic and international scholars in researching, reviewing, and applying Western economics. This is the original intention and motivation behind the editing and publication of The Journal of Western Economics Review. The Journal of Western Economics Review primarily publishes three types of papers: (1) new research findings of Western economists (published in English, 2–3 papers per issue). (2) achievements of Chinese scholars in studying Western economics, including reviews and critiques of new theories and trends in Western economics, as well as specialized research on specific schools, theories, and methods of Western economics. (3) analyses of China's real-world economic issues using the theories and methods of Western economics. We warmly welcome scholars from around the world to submit their papers to The Journal of Western Economics Review, especially those with originality, new ideas, and academic rigor. The editorial office of The Journal of Western Economics Review is located at the School of Economics, Renmin University of China.