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The Economy of China

Linda Yueh, Fellow in Economics, St Edmund Hall, University of Oxford and Adjunct Professor of Economics, London Business School, UK
The emergence of China since 1979 has been a hallmark in the global economy, not only in the past but also in this century. This comprehensive book provides an analytical view of the remarkable economic development of the most exciting economy in the world.
Awarded Choice Outstanding Academic Title for 2011
Extent: 264 pp
Hardback Price: $128.00 Web: $115.20
Publication Date: 2010
ISBN: 978 1 84542 194 6
Availability: In Stock
Paperback Price: $46.00 Web: $36.80
Publication Date: 2012
ISBN: 978 1 78100 398 5
Availability: In Stock
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  • Asian Studies
  • Asian Development
  • Development Studies
  • Asian Development
  • Development Economics
  • Development Studies
  • Economics and Finance
  • Development Economics
The emergence of China since 1979 has been a hallmark in the global economy, not only in the past but also in this century. This comprehensive book provides an analytical view of the remarkable economic development of the most exciting economy in the world.

China’s impressive economic growth has propelled it from being one of the poorest countries in the world to becoming its second largest economy. It is a complex economy with a mix of characteristics resulting from being both a transition economy and a developing country, which also points to the challenges that it still faces. This book explains China’s remarkable transformation from a centrally planned to a more market-oriented economy through examination of the institutional reforms necessary to support such marketisation and eventual global integration. Although no book will be able to be completely comprehensive given the scale of the economy and the remarkable pace of transformation over three decades, this study highlights the key areas giving an overview of the major developments in China’s economy, enabling its prospects of continuing growth to be assessed.

With topical discussion incorporating recent data and developments, this book will be a stimulating read for academic researchers, postgraduate students in economics, international business, Chinese and area studies, as well as anyone interested in understanding the Chinese economy.
‘. . . this is a comprehensive book written in a concise and well-structured manner. . . The book is a recommended read for a wide range of academic researchers, graduate students and for anyone with a professional interest in understanding the Chinese economy.’
– Blagoy Kitanov, Europe-Asia Studies

‘The book is a very good snapshot introduction to China and could potentially be used as a supplementary text for undergraduates in their studies on the Chinese economy or Chinese studies.’
– Herb Thompson, Journal of Contemporary Asia

‘By examining the institutional reforms used to make the transition, Yueh provides a comprehensive and exceptionally insightful analysis of economic change in what has become the world’s second biggest economy. . . Highly recommended.’
– C.A. Haulman, Choice
Contents: Preface 1. Introduction 2. Economic Growth: 30 Years of Market Transition, Economic Development and Global Integration 3. Enterprises and Agriculture 4. Labour 5. Entrepreneurship 6. Banking and Finance 7. Law and Markets 8. Innovation 9. Social Coverage: Education, Pensions, Health System and Poverty 10. International Trade, Foreign Investment and the Global Economy Bibliography Index