Routledge Handbook of the Chinese Economy (Routledge Handbooks)
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China's rapid rise to become the world's second largest economy has resulted in an unprecedented impact on the global system and an urgent need to understand the more about the newest economic superpower.
The Routledge Handbook of the Chinese Economy is an advanced-level reference guide which surveys the current economic situation in China and its integration into the global economy. An internationally renowned line-up of scholars contribute chapters on the key components of the contemporary economy and their historical foundations.
Topics covered include:
- the history of the Chinese economy from ancient times onwards;
- economic growth and development;
- population, the labor market, income distribution, and poverty;
- legal, political, and financial institutions; and
- foreign trade and investments.
Offering a cutting-edge overview of the Chinese economy, the Handbook is an invaluable resource for academics, researchers, economists, graduate, and undergraduate students studying this ever-evolving field.
reallocations were done for a variety of reasons, including concerns for equity and concerns for efficiency as well as for reasons that are closer to corruption. Regardless of the reason for the reallocations, during the 1980s and 1990s (and since) observers and policy makers have been concerned that such moves could result in insecure tenure (from the viewpoint of households as agricultural producers) and have negative effects on investment and production. Despite these concerns, there have been
Gansu, and Qinghai). Average income for lawyers follows similar patterns, with the five top provincial-level units (Beijing, Shanghai, Zhejiang, Guangdong, Jiangsu) at nearly twenty times that of the bottom five (Henan, Heilongjiang, Tibet, Gansu, Inner Mongolia) (Zhu 2013). As the income data suggests, quantitative gaps are compounded by qualitative ones. For example, almost all judges in Shanghai have college degrees and many at the high and intermediate court levels have graduate law degrees.
state-appointed managers or state-collaborating oligopolistic large enterprises, marginalizes legal rules and often leaves little scope for administrative law challenges to state actions taken under broad, discretion-conferring laws. Such features are in tension with rule-of-law ideals of general, neutral rules that bind rulers and ruled and are applied effectively, predictably and relatively uniformly to all, with some form of review by independent, often judicial institutions. The model’s
ensure energy saving and pollution cutting are carried out in a rational way and to avoid last-minute shutdown operations of factories across the country for meeting the energy-saving goals. Alleviating the financial burden of local governments is another avenue through which to incentivize them not to focus on economic growth alone. The central government really needs to cultivate steady and sizeable sources of revenues for local governments. Enacting property taxes or real estate taxes for
the workforce sounded the death knell for the system of labor bureaus assigning workers to jobs. Young workers increasingly found jobs on their own. By 2001 the state assigned only 5 percent of college graduates to jobs and shortly thereafter it ended the job assignment system. China’s economic reforms set off one of the greatest economic expansions in history. Firms desperately sought workers to produce goods for export and for building infrastructure and domestic consumption. With rural people