Suchergebnisse

"This book examines China's response to the Asian financial crisis of 1997, both in its immediate aftermath and in the years since. The crisis caused turmoil throughout Asia's economies, and precipitated wholesale reform of economic and financial policies and institutions across the region. As one of Asia's largest economies, China responded to the crisis more successfully than many others, avoiding devaluation of its currency, whilst undertaking financial reform, restructuring state-owned enterprises, rural development, and social security systems. This book considers all of these issues, showing how the lessons drawn from the crisis have helped shape China's policies of liberalisation and market-orientated reform, including its attitude towards globalisation and the outside world in general. Based on research conducted by the China Development Research Foundation, one of China's leading think-tanks, this book includes contributions from senior policy makers in the Chinese government and some experts participating directly in the government's policy-making process to assess the effects generated by the country's related policies, making it an indispensable account of China's own thinking on its response to the financial crisis."--Publisher's website.

chapter Introduction -- part PART I China's macroeconomic management after the Asian fi nancial crisis -- chapter 1 From overcoming defl ation to preventing infl ation -- chapter 2 From proactive to sound fi scal policy: an improvement to China's public fi nance system -- chapter 3 Renminbi exchange rates and relevant institutional factors -- chapter 4 China's policy of opening up in the decade after the Asian fi nancial crisis -- part PART II China's fi nancial system and reform of state-owned enterprises after the Asian fi nancial crisis -- chapter 5 Reform of state-owned commercial banks: from disposing of non-peforming assets to institutional reform -- chapter 6 System reform of China's capital market -- chapter 7 Reform of state-owned enterprises: a three-year disconnect from diffi culties leads to system innovation -- chapter 8 China's rural reform and development after the Asian fi nancial crisis -- part Part III Restructuring China's social welfare system -- chapter 9 Proactive employment policy and labor market development -- chapter 10 Social security policy -- chapter 11 Reform and development of the public health system -- chapter 12 Educational policies: From expansion and equity to quality -- part PART IV Refl ections on the Asian fi nancial crisis and China's opening up to the outside world -- chapter 13 The 1997 Asian fi nancial crisis: review and refl ections -- chapter 14 China in the realm of the world economy.

1. A major issue in reforming the 'leadership system' of enterprises : a reexamination of the concept of having 'one boss' -- 2. The need to institutionalize successful experience of reform -- 3. Surveys relating to land reallocation and the extending of land-use contracts in rural Jiangmen, Guangdong Province -- 4. China's national conditions and 'building socialism with Chinese characteristics' -- 5. Some thoughts on shareholding systems -- 6. My humble views on whether or not our military should participate in business -- 7. Improving income distribution in China -- 8. Overview of a socialist market economy -- 9. The structure of China's ownership systems at the current stage in China's history -- 10. Problems facing China's social security reform -- 11. Entry into WTO and China's economic restructuring -- 12. Four policies to reduce the burden on farmers and revitalize the rural economy -- 13. Regarding our understanding of 'urbanization' and certain policy issues -- 14. Regarding research on the three-step strategy for modernization -- 15. On cultural restructuring -- 16. Preface to Storming the fortress : 30 key topics relating to reform -- 17. The situation and the tasks facing economic restructuring -- 18. On property law -- 19. Social contradictions and policy orientation -- 20. The road China has traveled -- 21. Our basic national conditions at the primary stage of socialism and the 'staged' nature of current development -- 22. The first comprehensive design for a socialist market-economy system.

This book is part of a series which makes available to English-speaking audiences the work of the individual Chinese economists who were the architects of China's economic reform. The series provides an inside view of China's economic reform, revealing the thinking of the reformers themselves, unlike many other books on China's economic reform which are written by outside observers. Wang Mengkui (1938-) has been Director of the Research Office under the State Council and was President of the State Council's Development Research Centre from 1998 to 2007. A member of the Party since 1956, he has

China Development Research Foundation is one of the leading economic think tanks in China, where many of the details of China's economic reform have been formulated. Its work and publications therefore provide great insights into what the Chinese themselves think about economic reform and how it should develop. This book presents a comprehensive survey of China's reforms of the last thirty years. Its coverage includes macroeconomic policy; banking, finance, capital markets and tax; trade; labour markets; price reform; social security; and much else. Overall, it provides an invaluable assessmen