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An analysis of how China has emerged as one of the most dynamic trading nations in the world.
This study explores the relationship between China's foreign trade reforms and the domestic economic reforms that underlie China's recent policy of openness. It provides the first comprehensive analysis of how China has emerged, since reform began in 1978, as one of the most dynamic trading nations in the world. It examines both the external policy changes, such as the decentralisation of trading authority and the devaluation of the domestic currency, and internal economic reforms such as the increased use of markets and prices. The volume concludes with an analysis of the sources of China's export growth and outlines further domestic economic reforms that the author believes will be required to sustain China's integration into the world economy.
Preface; 1. Trade policy and economic development; 2. The prereform foreign trade system; 3. Reforming the foreign trade system; 4. The efficiency of China's foreign trade; 5. Integrated versus partial reforms; Appendices; References.
'Lardy's book is the most up to date and best academic analysis of the trade reform available. The author has wide experience in the economic analysis of China and has brought to this study an unrivalled combination of attention to detail and analytical precision.' Christopher Howe, Times Higher Education Supplement 'Foreign Trade and Economic Reform is to be welcomed, not primarily as an analysis of the extent and causes of China's trading success, but more as a detailed and comprehensive account of the evolution of China's trade policies up to 1990.' Economics of Planning 'all those rushing to invest in China would do well to read Lardy's sobering book.' Economic Affairs
A comprehensive analysis of how China emerged as one of the most dynamic trading nations in the world, first published in 1992.
"This study of China's foreign trade system contains interesting information for economists and China specialists alike...clearly written and thoroughly researched...very timely." The China Business Review
A comprehensive analysis of how China emerged as one of the most dynamic trading nations in the world, first published in 1992.
This study, first published in 1992, explores the relationship between China's foreign trade reforms and the domestic economic reforms that underlie China's policy of openness. It provided the first comprehensive analysis of how China emerged, since reform began in 1978, as one of the most dynamic trading nations in the world.
This study, first published in 1992, explores the relationship between China's foreign trade reforms and the domestic economic reforms that underlie China's policy of openness. It provided the first comprehensive analysis of how China emerged, since reform began in 1978, as one of the most dynamic trading nations in the world.