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Economic theories in China, 1979-1988 /
Robert C. Hsu.
imprint
Cambridge [England] ; New York : Cambridge University Press, 1991.
description
xii, 198 p. ; 24 cm.
ISBN
0521365678
format(s)
Book
Holdings
More Details
imprint
Cambridge [England] ; New York : Cambridge University Press, 1991.
isbn
0521365678
catalogue key
2358254
 
Includes bibliographical references (p. 178-192) and index.
A Look Inside
Full Text Reviews
Appeared in Choice on 1992-07:
Hsu thoroughly examines the debates among Chinese economists in the 1980s concerning planning and the market, efficiency and egalitarianism, state ownership and management rewards, agricultural and industrial reform, development strategy, and price and wage determination. This work, the major resource in English analyzing China's economic thought since the death of Mao Zedong, fills an important gap. Moreover, because of the Hsu's integration of Chinese economic theories and practice, he provides insights into the efficacy of China's recent economic reforms. Readers interested in a current book explicitly discussing both economic development and ideology might also refer to Peter M. Lichtenstein, China at the Brink: The Political Economy of Reform and Retrenchment in the Post-Mao Era (CH, May'92). The best survey of the Chinese economy since 1949 is Carl Riskin, China's Political Economy: The Quest for Development since 1949( 1987). Good bibliography. Upper-division undergraduate and graduate collections.-E. W. Nafziger, Kansas State University
Reviews
Review Quotes
"Professor Hsu's book is an excellent survey of Chinese economists' explorations of theoretical issues during the relatively relaxed reform period 1979-1988....The book makes a significant contribution to contemporary multicultural, in the serious, not campus-fadist meaning of the word, history of economic theory....The writing [is] clear and attractive....Professor Hsu's exemplary book is evenhanded the way scholarly books are supposed to be. It is informed, perceptive, and important." Jan Prybyla, Journal of Comparative Economics
"...this book admirably fulfills its main task of clarifying and analyzing recent Chinese economic discussions." Pacific Affairs
'... this is by far the best single introduction to the thinking of Chinese economists in the reform decade.' The Economic Journal
'... this is by far the best single introduction to the thinking of Chinese economists in the reform decade.'The Economic Journal
‘… this is by far the best single introduction to the thinking of Chinese economists in the reform decade.’The Economic Journal
"This work, the major resource in English analyzing China's economic thought since the death of Mao Zedong, fills an important gap." Choice
This item was reviewed in:
Choice, July 1992
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Summaries
Description for Bookstore
This book systematically explores the substance and logic of the evolution of economic theories prevalent in China from 1979 to 1988. This is the first study in English of the reform decade in China and the first to comment on the significance of theoretical and institutional changes.
Description for Library
In China, the decade 1989-1988 featured an unprecedented willingness to depart from the traditional dogmatic interpretations of socialism and to enter into a discourse aimed at promoting economic reforms and development. This book systematically explores the substance and logic of the evolution of the most vital economic-reform theories prevalent in China during those years. Hsu also examines and assesses the delicate interaction between these theories and the practical policies of the Chinese government. This is the first study in English of the reform decade in China and the first to comment on the significance of theoretical and institutional changes.
Main Description
In China, the decade 1989-1988 featured an unprecedented willingness to depart from the traditional dogmatic interpretations of socialism and to enter into a discourse aimed at promoting economic reforms and development. Robert C. Hsu systematically explores the substance and logic of the evolution of the most vital economic-reform theories prevalent in China during those years (before the recent slow-down). He also examines and assesses the delicate interaction between these theories and the practical policies of the Chinese government. Hsu's analysis covers the debates over exactly how to combine the market mechanism with socialist planning. Chinese economists argued about how to diversify the ownership system, how to implement price-wage reforms, how to invigorate state-owned enterprises and make them more efficient, and how to develop China's agriculture, industry and foreign trade. Though Hsu critically dissects the diversity of views and describes the shortcomings which will affect future economic policies and theories, his mood is primarily an affirmation of the new dynamic age of China's economics.
Main Description
In China, the decade 1989–1988 featured an unprecedented willingness to depart from the traditional dogmatic interpretations of socialism and to enter into a discourse aimed at promoting economic reforms and development. Robert C. Hsu systematically explores the substance and logic of the evolution of the most vital economic-reform theories prevalent in China during those years (before the recent slow-down). He also examines and assesses the delicate interaction between these theories and the practical policies of the Chinese government. Hsu’s analysis covers the debates over exactly how to combine the market mechanism with socialist planning. Chinese economists argued about how to diversify the ownership system, how to implement price-wage reforms, how to invigorate state-owned enterprises and make them more efficient, and how to develop China’s agriculture, industry and foreign trade. Though Hsu critically dissects the diversity of views and describes the shortcomings which will affect future economic policies and theories, his mood is primarily an affirmation of the new dynamic age of China’s economics.
Main Description
In China, the decade from 1979 to 1988 witnessed among economists and policymakers an unprecedented willingness to depart from the traditional dogmatic interpretations of socialism and to enter into a discourse aimed at promoting economic reforms and development. Robert C. Hsu, in Economic Theories in China, 1979-1988, systematically explores the substance and logic of the evolution of the most vital economic-reform theories prevalent in China during those years (before the recent slowdown). He also examines and assesses the delicate interaction between these theories and the practical policies of the Chinese government. Hsu's analysis covers the debates over exactly how to combine the market mechanism with socialist planning. Chinese economists argued about how to diversify the ownership system, how to implement price-wage reforms, how to invigorate state-owned enterprises and make them more efficient, and how to develop China's agriculture, industry, and foreign trade. Though Hsu critically dissects the diversity of views and describes the shortcomings that will affect future economic policies and theories, his mood is primarily an affirmation of the new dynamic age of China's economics. This is the first study in English of economic theories of the reform decade in China and the first to comment on the relationship between theoretical and institutional changes. It will be of interest not only to economists, but also to political scientists and China scholars from many other disciplines.
Table of Contents
Preface
Introduction and overview
The market under socialism
Socialism: ownership, state enterprise and planning
Strategies of economic development
Prices and wages
Summaries and conclusions
Notes
Bibliography
Table of Contents provided by Publisher. All Rights Reserved.

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