Economic Growth and Distribution in China
By (author) Nicholas R. Lardy
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Economic Growth and Distribution in China by Nicholas R. Lardy
Book DescriptionThis study maintains that China's system of economic planning tends to mitigate the trade-off between economic growth and equity that has been found to prevail in the early stages of development in most less developed countries. The analysis focuses on the Chinese leadership's attempt to improve economic efficiency by decentralizing economic management without encouraging, as a consequence, increased economic inequality among different regions. By examining the budgetary and planning process, focusing in particular on the fiscal relations between the centre and the far-reaching degree of resource redistribution undertaken by the central government through its control of interprovincial and intersectoral resource transfers. Professor Lardy's analysis highlights the essential features of Chinese economic growth and relates these to the experience of both developing and Soviet-type economies.
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Book DetailsISBN: 9780521219044
(228mm x 152mm x 19mm)
Imprint: Cambridge University Press
Publisher: Cambridge University Press
Publish Date: 31-Aug-1978
Country of Publication: United Kingdom
Books By Author Nicholas R. Lardy
China's Rise - Challenges and Opportunities, Paperback (October 2009)
The global economic crisis has made clear China's role on the world stage. This book explains actions both China and the US can take that can not only maximize the opportunities for China's constructive integration into the international community, but also help form a domestic consensus that provides a stable foundation for such policies.
Future of China's Exchange Rate Policy, Paperback (July 2009)
Presents specific proposals for how China's exchange rate and capital account policies might be modified over the medium term. This book contrasts the features of a "stay the course" policy with those of a bolder "three stage" approach that seeks to reduce more rapidly the current undervaluation of the renminbi.
Agriculture in China's Modern Economic Development, Paperback (August 2008)» View all books by Nicholas R. Lardy
Explores the relationship between the Chinese peasantry and the state-led economic system established by the Party after 1949.
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