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The Supply-side Revolution with Chinese Characteristics by Fang Fuqian (Renmin University of China) at Abbey's Bookshop,
The Supply-side Revolution with Chinese Characteristics
— —
Fang Fuqian (Renmin University of China)

The Supply-side Revolution with Chinese Characteristics

Fang Fuqian (Renmin University of China)

$69.99

Paperback

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English
Routledge
26 August 2024
Microeconomics
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.
By:  
Imprint:   Routledge
Country of Publication:   United Kingdom
Dimensions:   Height: 234mm,  Width: 156mm, 
Weight:   430g
ISBN:   9781032433691
ISBN 10:   1032433698
Pages:   220
Publication Date:  
Audience:   General/trade ,  College/higher education ,  Professional and scholarly ,  ELT Advanced ,  Primary
Format:   Paperback
Publisher's Status:   Active

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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