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Economic Growth and Distribution in China

Name: Economic Growth and Distribution in China
Brand: Cambridge University Press
SKU: 02025671
Price: 144.33 EUR
Availability: InStock
Author: Nicholas R. Lardy
ISBN: 9780521219044

Nicholas R. Lardy

Jezik

Engleski

Knjiga Tvrdi uvez

Libristo kod: 02025671

Nakladnici Cambridge University Press, kolovoz 1978

This study maintains that China's system of economic planning tends to mitigate the trade-off betwee... Cijeli opis

Libristo kod: 02025671

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This study maintains that China's system of economic planning tends to mitigate the trade-off between economic growth and equity that has been found to prevail in the early stages of development in most less developed countries. The analysis focuses on the Chinese leadership's attempt to improve economic efficiency by decentralizing economic management without encouraging, as a consequence, increased economic inequality among different regions. By examining the budgetary and planning process, focusing in particular on the fiscal relations between the centre and the far-reaching degree of resource redistribution undertaken by the central government through its control of interprovincial and intersectoral resource transfers. Professor Lardy's analysis highlights the essential features of Chinese economic growth and relates these to the experience of both developing and Soviet-type economies.