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Economic Reform and Growth in China

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Author Info

  • Gregory C. Chow

    ()
    (Department of Economics, Princeton University)

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    Abstract

    This paper surveys (1)the reasons for economic reform in China to be introduced in 1978, (2)the major components of economic reform, (3) the characteristics of the reform process, (4) why reform was successful, (5) the shortcomings of China¡¯s economic institutions, (6) the factors contributing to rapid economic growth, and (7) the future prospects of further reform and growth, with important conclusions summarized in the last section concerning economic reform in general. Much of the material is drawn from the author¡¯s book China¡¯s Economic Transformation(Blackwell, 2002).

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    File URL: http://www.aeconf.net/Articles/May2004/aef050107.pdf
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    Bibliographic Info

    Article provided by Society for AEF in its journal Annals of Economics and Finance.

    Volume (Year): 5 (2004)
    Issue (Month): 1 (May)
    Pages: 127-152

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    Handle: RePEc:cuf:journl:y:2004:v:5:i:1:p:127-152

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    Related research

    Keywords: China; Economic reform; Economic growth; Institutional changes; Economic policy;

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    References

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    1. Chow, G.C., 1990. "Capital Formation And Economic Growth In China," Papers 67, Princeton, Woodrow Wilson School - Discussion Paper.
    2. Mankiw, N Gregory & Romer, David & Weil, David N, 1992. "A Contribution to the Empirics of Economic Growth," The Quarterly Journal of Economics, MIT Press, vol. 107(2), pages 407-37, May.
    3. Gary H. Jefferson & Thomas G. Rawski, 1994. "Enterprise Reform in Chinese Industry," Journal of Economic Perspectives, American Economic Association, vol. 8(2), pages 47-70, Spring.
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    Citations

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    Cited by:
    1. He, Qichun, 2011. "Home-bias Politics, Financial Deregulation and Economic Growth: A Causal Relationship," MPRA Paper 34482, University Library of Munich, Germany.
    2. Yuwen Dai, 2007. "Macro Regime and Economic Growth in China," DEGIT Conference Papers c012_015, DEGIT, Dynamics, Economic Growth, and International Trade.
    3. Wang, Chan, 2012. "A very preliminary survey on growth and development," MPRA Paper 39037, University Library of Munich, Germany.
    4. He, Qichun, 2011. "Does Growth Cause Financial Deregulation in China? An Instrumental Variables Approach," MPRA Paper 34449, University Library of Munich, Germany.
    5. Jose Miguel Albala-Bertrand, 2013. "Evolution of Structural Indicators. China and Regions: 1981-2010," Working Papers 701, Queen Mary, University of London, School of Economics and Finance.
    6. LI, Hongyi & HUANG, Liang, 2009. "Health, education, and economic growth in China: Empirical findings and implications," China Economic Review, Elsevier, vol. 20(3), pages 374-387, September.

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