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The Chinese Economy: Transitions and Growth
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Manufacturer: The MIT Press
Average Customer Rating: Average rating of 5.0/5Average rating of 5.0/5Average rating of 5.0/5Average rating of 5.0/5Average rating of 5.0/5

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Binding: Paperback
Dewey Decimal Number: 338.951
EAN: 9780262640640
ISBN: 0262640643
Label: The MIT Press
Manufacturer: The MIT Press
Number Of Items: 1
Number Of Pages: 504
Publication Date: 2007-01-01
Publisher: The MIT Press
Studio: The MIT Press

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Editorial Reviews:

This comprehensive overview of the modern Chinese economy by a noted expert on China's economic development offers a quality and breadth of coverage not found in any other English-language text. In The Chinese Economy, Barry Naughton provides both an engaging, broadly focused introduction to China's economy since 1949 and original insights based on his own extensive research. The book will be an essential resource for students, teachers, scholars, business people, and policymakers. It is suitable for classroom use for undergraduate or graduate courses.

After presenting background material on the pre-1949 economy and the industrialization, reform, and market transition that have taken place since, the book examines different aspects of the modern Chinese economy. It analyzes patterns of growth and development, including population growth and the one-child family policy; the rural economy, including agriculture and rural industrialization; industrial and technological development in urban areas; international trade and foreign investment; macroeconomic trends and cycles and the financial system; and the largely unaddressed problems of environmental quality and the sustainability of growth.

The text is notable also for placing China's economy in interesting comparative contexts, discussing it in relation to other transitional or developing economies and to such advanced industrial countries as the United States and Japan. It provides both a broad historical and macro perspective as well as a focused examination of the actual workings of China's complex and dynamic economic development. Interest in the Chinese economy will only grow as China becomes an increasingly important player on the world's stage. This book will be the standard reference for understanding and teaching about the next economic superpower.


Spotlight customer reviews:

Customer Rating: Average rating of 5/5Average rating of 5/5Average rating of 5/5Average rating of 5/5Average rating of 5/5
Summary: Definitive Overview of Chinese Growth
Comment: Having read countless articles and books on China, Naughton stands out as the leader on the Chinese economy. This book is structured brilliantly, providing novices and experts alike with easy access to valuable information.

I recommend this to anyone with any interest in understanding how China has grown into a leader in today's economy.

Customer Rating: Average rating of 5/5Average rating of 5/5Average rating of 5/5Average rating of 5/5Average rating of 5/5
Summary: The Chinese economy demystified
Comment: China's economic development since 1978 has baffled and surprised the world. Other developing economies may regard China with envy but if they are contemplating copying China's model of development, help is at hand. They just need to read Naughton's book.

China's three decade of economic development has been called many things, such as groping stones while crossing the river, three steps forward and two back, bird cage economics, transition from command to market, amazing, miraculous and more. The author has organized the historical date in a way easy to comprehend and coupled with explanations that are lucid and easy to follow.

Textbook conjures up the image of a big snore, but not this one. This one will become essential reference book dogeared by frequent use.

Customer Rating: Average rating of 5/5Average rating of 5/5Average rating of 5/5Average rating of 5/5Average rating of 5/5
Summary: Required reading for anyone who is serious about China
Comment: An excellent book which is rare for being highly readable, insightful, and well supported. Those who know China will find specific information and analysis which explains why the country operates in the way that it does. Those who don't know China will learn about the country without the confusion that results from the writings of casual observers.

The only specific weakness in the book is Dr. Naughton's assessment of modern industrial policy, which is incomplete and off-track. That aspect is simply an omission and does little to detract from the overall value of his work.

Customer Rating: Average rating of 5/5Average rating of 5/5Average rating of 5/5Average rating of 5/5Average rating of 5/5
Summary: Corner Stone
Comment: A superb guide to the intricacies of the Chinese economy. I highly recommend it to students, professionals, policy makers, and academics looking to better understand the underlying themes and trends of the world's fastest growing economy.

Erik Lundh,
Washington, DC

Customer Rating: Average rating of 5/5Average rating of 5/5Average rating of 5/5Average rating of 5/5Average rating of 5/5
Summary: A masterpiece in the field
Comment: Barry Naughton has written a masterful book. It is comprehensive, accessible and rigorous. Researchers, upper-level undergraduate and graduate students, who want to understand the key economic issues faced by China, will all appreciate this volumn. I am using it in my Master courses!

Jiin-ming Fahn, National Sun Yat-sen University, Taiwan


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