001435468 000__ 03854cam\a2200493\i\4500
001435468 001__ 1435468
001435468 003__ OCoLC
001435468 005__ 20230309003856.0
001435468 006__ m\\\\\o\\d\\\\\\\\
001435468 007__ cr\cn\nnnunnun
001435468 008__ 210403s2021\\\\si\a\\\\o\\\\\000\0\eng\d
001435468 019__ $$a1244536908
001435468 020__ $$a9813345209$$q(electronic book)
001435468 020__ $$a9789813345201$$q(electronic bk.)
001435468 020__ $$z9813345195
001435468 020__ $$z9789813345195
001435468 0247_ $$a10.1007/978-981-33-4520-1$$2doi
001435468 035__ $$aSP(OCoLC)1244620919
001435468 040__ $$aEBLCP$$beng$$erda$$epn$$cEBLCP$$dYDX$$dGW5XE$$dOCLCO$$dYDX$$dN$T$$dOCLCF$$dUKAHL$$dOCLCQ$$dOCLCO$$dOCLCQ
001435468 043__ $$aa-cc---
001435468 049__ $$aISEA
001435468 050_4 $$aHC427.5$$b.L53 2021
001435468 08204 $$a333.70951$$223
001435468 24500 $$aEconomic lessons from China's forty years of reform and opening-up /$$cDavid Daokui Li, editor.
001435468 264_1 $$aSingapore :$$bSpringer ;$$a[China] :$$bJointly published with Tsinghua University Press,$$c[2021]
001435468 300__ $$a1 online resource (ix, 251 pages) :$$billustrations (some color)
001435468 336__ $$atext$$btxt$$2rdacontent
001435468 337__ $$acomputer$$bc$$2rdamedia
001435468 338__ $$aonline resource$$bcr$$2rdacarrier
001435468 5050_ $$aRapid Entry and Development of Enterprises -- Rapid Land Conversion -- Financial Deepening and Financial Stability -- Learning Through Opening Up -- Proactive Macroeconomic Management.
001435468 506__ $$aAccess limited to authorized users.
001435468 520__ $$aThis book first shows that the past 40 years of China's economic reform and opening up represents the greatest magnitude of economic growth in history. Based on field trips, extensive and intensive interviews and literature surveys, this book argues that there are five general lessons for a rapid growing economy from China's economic reform and opening up, all in the area of the relationship between the government and the economy. First, the local governments need to be incentivized to help rapid entry and development of enterprises. Second, local governments need to be incentivized to help rapid land conversion from agricultural to non-agricultural. Third, financial deepening is vital; that is, inducing households to hold more and more financial assets in local currency. Financial deepening is essential to convert savings into investments. This requires financial stability, which is crucial. Fourth, the learning through opening up is the key to endogenous economic growth. The fundamental benefit of opening up is learning rather than enjoying comparative advantage. The fifth and final lesson from China is that the central government must proactively manage the macroeconomy. The rationale is that enterprises compete with each other in games of industrial organization. In order to resolve this problem, proactive measures including market-oriented means, administrative orders and reform measures should be implemented. Overall, the main lesson from China's past 40 years of reform and opening up is that proper incentives and behavior of the government, local and central, are important for economic growth. China has been conducting reforms in this regard and as a result, the government more or less has been playing the role of a "helping hand" regarding economic growth, although China's economic system is far from perfect and many reforms are still needed
001435468 588__ $$aOnline resource; title from PDF title page (SpringerLink, viewed April 21, 2021).
001435468 651_0 $$aChina$$xEconomic policy$$y1976-2000.
001435468 651_6 $$aChine$$xPolitique économique$$y1976-2000.
001435468 655_0 $$aElectronic books.
001435468 7001_ $$aLi, Daokui,$$d1963-$$eeditor.
001435468 77608 $$iPrint version:$$z9789813345195
001435468 852__ $$bebk
001435468 85640 $$3Springer Nature$$uhttps://univsouthin.idm.oclc.org/login?url=https://link.springer.com/10.1007/978-981-33-4520-1$$zOnline Access$$91397441.1
001435468 909CO $$ooai:library.usi.edu:1435468$$pGLOBAL_SET
001435468 980__ $$aBIB
001435468 980__ $$aEBOOK
001435468 982__ $$aEbook
001435468 983__ $$aOnline
001435468 994__ $$a92$$bISE