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"Over the last thirty years, China has been reforming its economy at breakneck speed. In China, as in every country, the time of reformation is a crucial one. Although China's growth model is likely to be very effective in coping with today's economic requirements, the reform policy implemented by China's leaders is facing increased opposition from both within the Party as well as from society as a whole. A surge in nationalism is threatening China's relations with its neighbours and its rise to regionalleadership. In the aftermath of the worldwide financial crisis, China has emerged as the second largest economy soon to overtake the USA, but the crisis has also emphasized the reliance of China's economy on the developed market and the subsequent decreasing growth rate. The Chinese growth model is now reaching to the core of the system i.e. the social and political institutions. This book addresses a wide range of factors influencing the development of China's model and its influence on the rest of the world. "--
List of contents
Introduction 1. What is the Socialist Market Economy 2. The Transition Period 3. A Fast but Unbalanced Growth 4. An Incomplete Banking and Financial Reform 5. Investment in Human Capital 6. The Knowledge Economy 7. Growing Inequalities 8. A Foreign Policy which Serves the Growth (and Vice Versa) 9. In Search of Civil Society Conclusion(s)
About the author
Former international banker, Dominique de Rambures now lectures on Banking and Finance in China at Pantheon-Sorbonne University, France. He was the first chairman of the Euro Banking Association and, as a follow-up to the G20 decision, he has been assigned a report on 'Migrant Remittances' by the French government. He is the author of Payment Systems and Chine, le Grand Ecart as well as numerous articles in economic reviews.
