The Supply-side Revolution with Chinese Characteristics

Author:   Fang Fuqian ,  Tianheng Qi
Publisher:   Taylor & Francis Ltd
ISBN:  

9781032433622


Pages:   220
Publication Date:   24 February 2023
Format:   Hardback
Availability:   In Print   Availability explained
This item will be ordered in for you from one of our suppliers. Upon receipt, we will promptly dispatch it out to you. For in store availability, please contact us.

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The Supply-side Revolution with Chinese Characteristics


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Overview

Focusing on the supply-side structural reform in China, this book investigates the impetus, implementation strategy, initial results and theoretical underpinnings of the revolution, assessing its significance in perfecting China’s socialist market economic system. The supply-side structural reform launched in China in 2015 aims to thoroughly resolve the cyclical excess capacity and the habitual imbalance of economic structure; and form a long-term mechanism for economic stability, different from the supply-side policies under the Reagan Administration in the 1980s. Based on the analysis framework of aggregate demand and supply, combined with institutional and structural analysis, the title elucidates the reason, theory, measures and results that ground the reform. It explicates the three-step strategy to ensure the successful outcome, countermeasures against current supply-side problems, upgrading the economic structure, and most importantly the institutional reform and innovation. The author emphasizes the importance of reforming both market and government and advances a “double-effect” model combining the effective market and government. This title will appeal to scholars, students and policymakers interested in economics, macroeconomic control, and the Chinese economy and economic system reform.

Full Product Details

Author:   Fang Fuqian ,  Tianheng Qi
Publisher:   Taylor & Francis Ltd
Imprint:   Routledge
Weight:   0.585kg
ISBN:  

9781032433622


ISBN 10:   1032433620
Pages:   220
Publication Date:   24 February 2023
Audience:   College/higher education ,  Professional and scholarly ,  Professional and scholarly ,  Tertiary & Higher Education ,  Professional & Vocational
Format:   Hardback
Publisher's Status:   Active
Availability:   In Print   Availability explained
This item will be ordered in for you from one of our suppliers. Upon receipt, we will promptly dispatch it out to you. For in store availability, please contact us.

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Fang Fuqian is Chair Professor at School of Economics, Renmin University of China. His research interests include macroeconomic theory and policy and China's economic system reform and economic development.

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