How the Chinese economy works : a multiregional overview /

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Main Author: Guo, Rongxing.
Format: Book
Published:New York : St. Martin's Press, 1999.
Series:Studies on the Chinese economy
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Review by Choice Review

In what may be the best current survey of Chinese economic development and policies, Guo discusses spatial division, the resource base, the economics of transition, regional integration and inequality, migration, industrialization (especially in rural areas), technological change, international trade and foreign investment, and economic relations with Taiwan and overseas Chinese. Each topic is analyzed historically, examining the changes in strategies and outcomes from the Maoist period to the post-1978 reform period, with emphases on structural changes and the increased specialization, efficiency, and growth since 1978. Yet the author acknowledges present problems of rural-urban disparities, labor redundancies, regional imbalances and protection, and overlapping administrative jurisdiction. This work supersedes Peter Lichtenstein, China at the Brink: The Political Economy of Reform and Retrenchment in the Post-Mao Era (CH, May'92), and Carl Riskin, China's Political Economy: The Quest for Development since 1949 (1987). Despite scattered econometrics, the noneconomist will benefit. Excellent bibliography. Upper-division undergraduate through professional collections. E. W. Nafziger; Kansas State University

Copyright American Library Association, used with permission.

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