1st Edition

What Drives China’s Economy Economic, Socio-Political, Historical and Cultural Factors

By Qing-Ping Ma Copyright 2020
136 Pages 12 B/W Illustrations
by Routledge

136 Pages 12 B/W Illustrations
by Routledge

136 Pages 12 B/W Illustrations
by Routledge

The spectacular economic growth experienced by China since 1978 has often been hailed as the "China Miracle". Many economists have tried to understand the forces behind China’s phenomenal growth and the explanations can be divided into two broad schools of economic thought — one school of thought which includes Nobel Laureate Paul Krugman explains that market mechanism and deregulation led to... Read more

1. A brief history of China’s reform and opening

2. Interest rate control and high saving rates

3. The social planner’s problem and institutional roles in China’s growth

4. The future of the China Model

Biography

Qing-Ping Ma currently works at Nottingham University Business School China. He has published two books on economics, Private Capital and Road to Developed Economy (editor) and The Theory and Practice of Pensions and Social Security, and articles on pension economics and China’s economic growth.