The Modernization of Chinese Economy
by XIAO Geng
The book provides a systematic analysis, from the perspective of New Institutional Economics, of the interactions between the institutional change and the economic structural transformation in China. The topics include state-owned enterprise reform, property rights, financial systems, capital markets, exchange rate regimes and macroeconomic coordination and policies. The book highlights the important role of institutional reform in China’s economic structural transformation and provides policy analysis and recommendations on several strategically important issues.