The political economy of Deng's Nanxun : breakthrough in China's reform and development / John Wong ; Dong Lixi, in-house editor.

Format:

Book

Author/Creator:

Wong, John, 1939- author.

Contributor:

Lixi, Dong, editor.

Language:

English

Subjects (All):

Economic development--China.

Economic development.

China--Economic policy.

China.

China--Economic conditions--Regional disparities.

Physical Description:

1 online resource (250 p.)

Place of Publication:

Singapore : World Scientific, 2014.

Language Note:

English

Summary:

This volume is about the political economy of Deng Xiaoping's Nanxun (tour of South China), which was the most critical phase in China's reform and development since 1978. The first round of Deng's reform resulted in high growth through the 1980s. However, it created a messy half-reformed economy with many problems, including the Tiananmen incident. The immediate aftermath of the Tiananmen was collapse of economic growth and reform deadlock. To break out from this low-level "reform-growth trap", Deng decided to launch the Nanxun , not just to reignite the reform but also to complete China's ma

Contents:

Contents; Introduction; China's Dynamic Growth in Transition; Adjusting to More Stable Normal Growth; Nanxun the Critical Reform Breakthrough; The Political Economy of the Nanxun; Part I Background Chapters; Chapter 1 China's Per-Capita GNP at the Beginning of Economic Reform; Introduction; Conventional Indicator Tends to Mislead; "Nominal GDP" vs "Real GDP"; What Does it Mean for China?; Chapter 2 China's Entrepreneurial Approach to Economic Reform; Introduction; Entrepreneurial vs Bureaucratic; Dynamic Growth after Reform; Explaining China's Reform Success; China's Entrepreneurial Approach

The Downside of the Chinese ApproachThe Challenge of the Unfinished Reform; Part II The Politics and Economics of Deng's Nanxun; Chapter 3 The 7th Party Plenum 1990 and the Continuing Post-Tiananmen Political Stalemate Over Reform; Introduction; The 7th Plenum; The Outline of the Communique; The Significance of the Communique; The Economic Implications; Chapter 4 What is the Surname, She or Zi: The Post-Tiananmen Ideological Discord; Introduction; Origin of the Debate; Deng Contradicting Himself; Resurrecting Mao's Doctrines on the Quiet; Signs are Ominous

Chapter 5 Economic Upsurge in 1992: An Immediate Nanxun EffectIntroduction; Chinese Economy in High Gear; Riding on Deng's Whirlwind; The Risk of Overheating; Chapter 6 What has China Accomplished in Economic Reform in 1994?; Introduction; The Politics of Reform; Where Is the Progress or Lack of It?; Tax Reform; Exchange Reform; Banking Reform; Reform of State-Owned Enterprises (SOEs); More Difficult for Remaining Efforts; Chapter 7 Soft-Landing of the Economy in 1995: The Nanxun's Climax; Introduction; A Soft Landing; Squeezing the Hyper Growth; Entering the Era of "Normal" Growth

Chapter 8 China's Ninth Five-Year Plan, 1996-2000Introduction; New Development Programs for 21st Century; Economic Agenda to Predominate; The Perils of China's Planning; Problems Well Known, Solutions Uncertain; Part III Agricultural and Rural Development; Chapter 9 The Quiet Industrial Revolution in the Chinese Countryside: Township and Village Enterprises (TVEs); Introduction; Rural Industry as a Star in Reform; Growth and Development; Structure, Conduct, and Performance; The Challenge for TVEs in the 1990s; Chapter 10 Why Deng was so Concerned About Agriculture; Introduction

China Unable to Feed Itself?The Politics and Economics of Grain Production; Policies to Treat Symptoms, not Root Causes; Part IV Foreign Trade and Investment; Chapter 11 Progress in Foreign Trade Reform; Introduction; Impressive Foreign Trade Performance; Trade Liberalization Process; Issues and Implications of Reforms; Lessons from Chinese Trade Reforms; Chapter 12 China and the GATT; Introduction; China's Determination to Rejoin GATT; Protracted Negotiation; Pros and Cons for China; Wider Implications; Appendix 1; Documents Submitted by China to the GATT to Improve Trade Transparency

Chapter 13 China and the World Trade Organization

Notes:

Includes index.

Description based on print version record.

Includes bibliographical references and index.

ISBN:

981-4578-39-8