Read more
This book is selection of author's articles about China's reform and development. The earliest article of the anthology was written in 1986 and the latest in 2017. The author studies the changes in property rights and system based on the practical experience of China's reform. In the first article "Economics in the Real World", the author expounds on Coasean Economics' Research Method which is "neither fashionable nor popular" and finds out problems from the fascinating real world. It focuses on researching the constraint conditions and strives to have cognition generalized. Guided by this methodology, all the following articles are about empirical research on China's reform, involving such fields as farmland reform, reform of state-owned enterprises, medical reform, urban-rural relationship, monetary system and regulatory reform. In the concluding article "Institutional Cost and China's Economy", the author, gives a new interpretation for the economic logic of the high-speed growth and transformation of China's economy by redefining concepts. Reading the anthology, readers may not only follow the author's train of thought to have an overview of the surging and magnificent reform course from small clues to the evident, but also have a broader train of thought on studying and comprehending the practical problems of China.
List of contents
1.Real-World Economics: Coase's Methodology of Economics and Its Application in China; 2.Property Rights of Human Capital; 3.Rural Reform: A Review of Changes in Economic Institutions; 4.Farmers, Market, and Institutional Innovation: Deep Reform Faced by Rural Areas after Household Responsibility System; 5.Property Rights of Agricultural Land and Land Requisition System: A Major Reform Faced by Urbanization; 6.The Firm in The Market: A Special Contract Between Human Capital and Non-Human Capital; 7."Reward of Enterprise Control" and "Entrepreneur-Controlled Enterprise": Entrepreneurial Human Capital in Public-Owned Enterprises; 8.The Nature of The Public-Owned Enterprise; 9.The Theory of The Firm and China's Reform; 10.Competition, Monopoly, and Regulation: A Background Report on Anti-Monopoly Policy; 11.Health For All? -- Debate on The New Round of Healthcare Reform in China; 12.Monetary System and Economic Growth; 13.System Cost and China's Economic Growth
About the author
Qiren Zhou graduated from Renmin University of China in 1982.
In 1980s, he worked for the Chinese Academy of Social Sciences and the Research Centre for Rural Development of the State Council, as he was engaged in the research of China's reform and development.
From 1989, he visited and studied at University of Oxford, University of Colorado, University of Chicago, and then University of California Los Angeles where he got his Ph.D. degree.
Since January 1996, he joined China Centre for Economic Research at Peking University (CCER).
He was the Dean of National School of Development (NSD) at Peking University from 2008 to 2012.
He also served as a member of the Monetary Policy Committee of the People's Bank of China during 2010-1012.
His researches focus on Property Rights and Contracts, Economic Institution Change, Firms and Market Organization, Monopoly and Regulation, Land System Reform and Urbanization, Money and Banking, etc.
