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China in the Global Economy

Edited by P.J. Lloyd, Professor Emeritus and Xiao-guang Zhang, Department of Economics, University of Melbourne, Australia
China in the Global Economy focuses on the theme of twin transitions occurring in the Chinese economy: the transition from a centrally planned economic system to a market oriented one, and from an agrarian to a modern industrialised society. China’s exporters face unprecedented competition in the world market and the flow of foreign direct investment has fallen restraining the growth of the domestic economy. These new challenges have fuelled debate on the perspective of the Chinese economy and its role in the global economy.
Extent: 360 pp
Hardback Price: $176.00 Web: $158.40
Publication Date: 2001
ISBN: 978 1 84064 290 2
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  • Asian Studies
  • Asian Business
  • Asian Economics
  • Business and Management
  • Asia Business
  • International Business
  • Economics and Finance
  • Asian Economics
China has experienced dramatic growth and development in the past two decades of economic reform. Yet, since the Asian crisis, the growth rate has declined from its historically high levels and deep-rooted problems such as unemployment, income inequality, surplus rural labour and non-performing debt in state enterprises have resurfaced – all with the potential to undermine the sustainability of growth.

China in the Global Economy focuses on the theme of twin transitions occurring in the Chinese economy: the transition from a centrally planned economic system to a market oriented one, and from an agrarian to a modern industrialised society. China’s exporters face unprecedented competition in the world market and the flow of foreign direct investment has fallen restraining the growth of the domestic economy. These new challenges have fuelled debate on the perspective of the Chinese economy and its role in the global economy.

The book covers developments in the macroeconomy, productivity and reform of state-owned enterprises, issues of international trade such as the management of the exchange rate, the pattern of exports and the development of e-commerce and problems in the agricultural sector and the environment.

This important and highly topical book will be warmly welcomed by economists as well as academics and researchers involved with both Asian and globalisation studies.
‘. . . this volume provides a good insight into the methodological questions of Chinese economic studies.’
– Doris Fischer, China Information

‘The work has . . . many interesting chapters . . . recommended for faculty library acquisition.’
– Malcolm Warner, Asia Pacific Business Reviews

‘Readers will be impressed by the quality of the papers. . . ’
– Ding Lu, The China Journal
Contributors: Z. Chen, F. Dong, X. Kong, P. Lan, S. Lin, P.J. Lloyd, R.E. Marks, S.L. Morgan, C.Y. Peng, T.G. Rawski, L. Song, L.L. Song, W.-M. Tian, G.-H. Wan, M. Wen, H.X. Wu, Y. Wu, X. Xu, Y. Yang, G. Yuan, X.-G. Zhang, Z.-Y. Zhou
Contents: Part I: The Macroeconomy Part II: State-owned Enterprises Part III: International Trade Part IV: Agriculture Part V: Income Distribution and the Environment Index