This book provides a comprehensive overview and some economic analysis of China's economic reform experiences, particularly those since the late 1980s. It covers many institutional details of key aspects of the Chinese economy, including fiscal and monetary management, financial sector development, state-enterprise reform, international trade, foreign investment, decentralization and regional development. It is argued that while China has achieved a spectacular growth record over the past twenty years, and its reform efforts have successfully laid the foundation of a market-based economic management system, the country continues to face major challenges in sustaining its growth performance.

Autorentext

Jun Ma is Economist for the International Monetary Fund, Washington, DC.

Inhalt
List of Tables Acknowledgements List of Abbreviations Introduction and Overview Fiscal Reform Monetary Reform Banking Reform: From Administrative Control to a Regulatory Framework Development of the Stock Markets State-owned Enterprise Reform Export Promotion Strategies Regional Policy under the Strategy of Economic Opening Decentralization and Provinces' Growth Performances Endnotes Bibliography Index