China's Economic Development: Implications for the World

Cai Fang, a distinguished economist, has written a book that explores the global significance of China's economic development over the past 70 years. It examines the economy in the light of Chinese history and the world economy, charting milestones and critical reforms. The book covers hot topics such as the Great Divergence, dual-sector economic development, rural reform, urbanization, economic reform, poverty reduction, and China's role in globalization. It is a must-read for students, scholars, and general readers interested in the Chinese economy, economic development, political economy, and development economics.

Format: Hardback
Length: 432 pages
Publication date: 20 October 2022
Publisher: Taylor & Francis Ltd

Cai Fang, a renowned economist in China, has authored a comprehensive book that delves into the profound impact of China's economic development over the past 70 years. This book offers a unique perspective on the global significance of China's economic growth, drawing from both economic history and growth theory.

The Chinese economy has experienced an extraordinary transformation since the late 1970s, marked by a period of rapid growth and development that has defied conventional economic theories. This book examines the Chinese economy within the context of Chinese history and the broader global economy, highlighting the key milestones and critical reforms that have shaped its trajectory. By exploring the unique characteristics of China's economic development and comparing it to broader patterns, the book provides valuable insights into the country's economic successes and challenges.

The discussion spans a wide range of hot topics in the field, including the so-called "Great Divergence," dual-sector economic development, the real-world experience of China's reform and opening-up, rural reform, urbanization, economic reform, poverty reduction, the recent slowdown of China's economic growth, and China's role in responding to globalization, global supply dominance, and other headwinds.

This book is a valuable resource for students, scholars, and general readers interested in the Chinese economy, economic development, political economy, and development economics. It offers a comprehensive and insightful analysis of China's economic journey, providing valuable insights into the country's future prospects and the broader global economic landscape.

Weight: 960g
Dimension: 234 x 156 (mm)
ISBN-13: 9781032359083