Ch. 1: Overview of economic reforms and outcomes -- Agricultural reform: 1979-85 -- Industrial reform: 1978-93 -- Transition to a market economy: 1994-2003 -- Foreign trade and investment -- Financial sector -- ch. 2: The source of growth and the role of investment -- Methodology of growth accounting -- Measurement of TFPG in China -- Production function estimates of TFPG in China -- Explaining TFPG in China -- The contribution of investment reconsidered -- Technological change reconsidered -- Postscript: investment versus domestic demand as a source of growth -- ch. 3: Saving and the financing of investment in China -- investment -- Financing investment -- Financial flows between sectors -- Household saving -- Government saving and investment -- Foreign saving -- Summary and conclusions -- ch. 4: Financial sector repression -- Why repress the financial system? -- How repressed is China's financial system? -- Finance and growth in China -- Strategy of financial development -- ch. 5: Banking sector reform -- Key features of the banking sector -- Problems of the banking sector -- Measures taken to strengthen the banking sector -- ch. 6: Developments in the bond market -- The role of a bond market -- The bond market in China -- Government bonds -- Corporate bond market -- Conclusion -- ch. 7: The rise and fall of the stock market -- The rise -- The fall -- Conclusion -- ch. 8: Macroeconomic policy and performance -- Ups and downs in the macro economy -- Investment spending as the proximate cause of macroeconomic cycles -- Anatomy of macro cycles in China -- Monetary policy -- Capital flows and exchange rate policy -- Fiscal policy -- Conclusion
Bibliography
Includes bibliographical references (p. [189]-198) and index
Notes
Description based on print version record and CIP data provided by publisher; resource not viewed
