The Micro-foundation of China's Market Economy

The enterprise revolution is probably the most noteworthy chapter in China's thirty years of economic reform and opening up. In The Micro-foundation of China's Market Economy, the author traces the interaction and evolution of stateowned, privately-run, joint-stock, and foreign-invested enterprises against the backdrop of reform and opening up. The author also examines the changing external environment in which these four types of enterprises grew and explores the necessity and dynamics of institutional innovation. The book focuses on the macro framework and the major events; equal importance is placed on empirical description and theoretical interpretation.

KEY FEATURES
- Written by a group of prominent Chinese economists, the series represents a concerted effort bynative scholars to analyze the 'Chinese Miracle' as well as predict its future development.
- Each volume examines different aspects of the reform, such as structural reform, entrepreneurship, local governments, specialized markets, innovation and globalization.
- Contains numerous graphs and tables.

This title is part of China's Reform Studies Series that include:
1. China's Specialized Markets
2. Development of China in Modern World System
3. Economic Growth and Structural Evolution
4. Economic Reform and Institutional Innovation
5. Incentives and Governance: China's Local Governments
6. The Micro-foundation of China's Market Economy
7. Toward an Innovative Nation
8. Transformation of the Chinese Enterprises

China's Reform Studies Series
ISBN 13: 9789000011216 (set)
ISBN 10: 9000011213 (set)
List Price: U$1,200.00