000			01411nam a2200193Ia 4500
999			_c172602 _d172602
005			20220424161015.0
008			200208s9999 xx 000 0 und d
020			_a9780521181747
082			_a330.951 LIN
100			_aLin, Justin Yifu
245		0	_aDemystifying the Chinese economy
260			_aCambridge
260			_bCambridge University Press
260			_c2012
300			_a311 p.
520			_aChina was the largest and one of the most advanced economies in the world before the eighteenth century, yet declined precipitately thereafter and degenerated into one of the world's poorest economies by the late nineteenth century. Despite generations' efforts for national rejuvenation, China did not reverse its fate until it introduced market-oriented reforms in 1979. Since then it has been the most dynamic economy in the world and is likely to regain its position as the world's largest economy before 2030. Based on economic analysis and personal reflection on policy debates, Justin Yifu Lin provides insightful answers to why China was so advanced in pre-modern times, what caused it to become so poor for almost two centuries, how it grew into a market economy, where its potential is for continuing dynamic growth and what further reforms are needed to complete the transition to a well-functioning, advanced market economy.
650			_aEconomic development-China
942			_cB _2ddc