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Klappentext China's economic reform constitutes one of the most remarkable events of the second half of the twentieth century. It not only significantly improved the living conditions of the Chinese population but also provides a useful model of economic transition from central planning to a market economy. Growth without Miracles brings together thirty widely-cited articles by prominent economists in the field of China studies to offer authoritative and through assessments and analyses of China's experience during the reform period. Zusammenfassung China's economic reform constitutes one of the most remarkable events of the second half of the twentieth century. It not only significantly improved the living conditions of the Chinese population but also provides a useful model of economic transition from central planning to a market economy. The gradual approach to reform adopted by the Chinese was widely regarded as suboptimal and likely to fail when compared to the shock therapy method applied in the former Soviet Union and the Eastern European economies. But China has out-performed other transitional economies. To many observers the Chinese experience is either a myth or a miracle. This volume addresses key questions about the initial economic foundations, the reform of macroeconomic policies and macroeconomic stability, the achievements of agricultural reform and the agricultural policy choices facing the Chinese government, the unique characteristics of the township and village enterprises, the successful reform of the state-owned enterprises, the development of factor markets, the contributions of the external sectors to economic growth, the lessons of the Chinese experience for transitional economies, and the challenges for economic threory. Growth without Miracles brings together thirty widely cited articles by prominent economists in the field of China studies to offer authoritative and through assessment and analyses of Chinas experience during the reform period. It provides a complete story for teachers and students of courses on the Chinese economy and will be of considerable interest to researchers, officials, and business people who want to understand past experiences, current problems, and the future direction of the Chinese economy. Inhaltsverzeichnis Part 1 Introduction and Overview 1 The Economic Growth of the Chinese Economy: A Historical Perspective 2 The Neither This nor That Economy 3 Completing Chinas Move to the Market Part 2 Economic Foundations Before Reform 4 Foundations for the Future: The Building of Modern Machinery in Shanghai before the Pacific War 5 Pre-reform Economic Development in China 6 A Long-Term Appraisal of Country Risk Part 3 Macroeconomic Policy and Stability 7 Economic Growth and Stability in China 8 Chinas Macroeconomic Performance and Management during Transition Part 4 Agricultural Policy 9 Plan and Market in Chinas Agricultural Commerce 10 Rural Reforms and Agricultural Growth in China 11 How Should China Feed Itself? Part 5 Rural Industrialization 12 Township, Village, and Private Industry in Chinas Economic Reform 13 Surrounding the Cities from the Countryside 14 The Nature of the Township-Village Enterprise 15 Public vs. Private Ownership of Firms: Evidence from Rural China Part 6 Enterprise Reform and Industrial Development 16 Enterprise Reform in Chinese Industry 17 Incentives and Autonomy in Chinese State Enterprises 18 The State Sector under Reform 19 Chinas Industrial Growth and Efficiency: A Comparison between the State and the TVE sectors Part 7 Factor Markets and Income 20 Towards a Labour Market in China 21 Fiscal Decentralization and Growing Regional Disparities in Rural China: Some Evidence in the Provision of Social Services 22 Wage Determination and Occupational Attainment in the Rural Industrial Sector of China...