Structural Economics in China: A Three-Dimensional Framework for Balanced Growth

This book examines and combines the theories of developmental economics, institutional economics, and sustainable-development economics to establish a theoretical framework for structural economics in China. Analysis shows that the imbalance in China’s economic structure intensified between 1992 and 2007. China’s imbalanced growth is a challenge to future economic development. To correct the imbalance, the author suggests structural adjustments in five aspects of China’s economy: low-carbon economy, consumer-oriented economy, market-oriented finance, coordinated development of regional economies, and managed balance of payments.