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Chinese Economic Reform and Development

Peter Lang Updated New Edition

Yining Li

Known as "Li the Shareholding Guru," economist Yining Li has had a significant impact on China’s economic transition, most notably as an early advocate of ownership reforms in the state and other non-private sectors and in his promotion of shareholding theory, initiating the drive towards a modern corporate system in China. The thinking behind these and other landmark contributions that have helped to reshape China are featured in Chinese Economic Reform and Development, a collection of seventeen influential essays written and published from 1980 to 2015. Incorporating original research, policy proposals, and theoretical thinking, these essays trace the development of Li’s thought and the process through which the "China Miracle" has been worked over the last four decades. This updated new edition introduces how inextricably linked Li’s academic work has been to the development of a distinctively Chinese path of economic reform.

Foreword – Preface – The Role of Education in Economic Growth – Effective and Rational Investment Under Socialism – Basic Thoughts on Economic Restructuring – A Tentative Study of Socialist Ownership Structure – Two Types of Disequilibrium and the Mainstream of Current Economic Restructuring – Relationship Between Economic Reform, Growth and Industrial Restructuring – Laying a Solid Foundation for New Culture – Cultural Economics: A Tentative Study – Environmental Protection and Compensation to Victims of Environmental Damage – Coordinating Economy and Environment in Less Developed Regions – Comparative Economic History and the Modernization of China – Growth and Fluctuations in Economic Disequilibrium – Property Rights Reform of Rural Enterprises – Rationality and Proportionality in Income Distribution – Meshing Fiscal Policy With Monetary Policy – The Dual Foundations of Efficiency – What Are the Implications of China’s Dual Transition for the Development of Economics?: A Speech on the Hot Issues of China’s Economy in Commemoration of the 60th Anniversary of His Teaching Career – Index.