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Inflation and Investment Controls in China: The Political Economy of Central-Local Relations during the Reform Era
 
 
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Inflation and Investment Controls in China: The Political Economy of Central-Local Relations during the Reform Era [Hardcover]

Yasheng Huang (Author)

Price: $109.00 & this item ships for FREE with Super Saver Shipping. Details
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Book Description

June 28, 1996 0521554837 978-0521554831
This book analyzes why local officials in China comply with investment-reduction and inflation-control policies of the central government against their own economic interests. The book shows the importance of political institutions, and provides a political story as to why China has been able to control inflation and to deepen reforms, in contrast to the former Soviet Union. While most other studies focus on the economic or political aspects, Inflation and Investment Controls in China integrates political and economic analysis.

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Editorial Reviews

Review

"This is one of the most important--and richest--books to be written on post-Mao China." Steven M. Goldstein, Smith College

"This new book, by Yasheng Huang is, in my view, one of the most significant studies to have appeared in many years ..." Christopher Howe, The Journal of Development Studies

"...a solid book based on competent research, which is highly recommended to all China scholars." John Wong, Pacific Affairs

"...a formidable work of scholarship and an impressive application of social science methodology to the study of central-provincial relations in China....Huang's book is a powerful and important counterpoint to those who would argue that China is on the verge of disintegration." Andrew Wedeman, The Journal of Asian Studies

Book Description

The main purpose of this book is to analyze why local officials in China comply with investment-reduction and inflation-control policies of the central government against their own economic interests. The book shows the importance of political institutions, and provides a political story as to why China has been able to control inflation and to deepen reforms, in contrast to the former Soviet Union. While most other studies focus on the economic or political aspects, this book integrates political and economic analysis.

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Inside This Book (learn more)
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First Sentence:
Studies of the Chinese economic system usually present two contrasting images. Read the first page
Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
local investment behavior, central investment policies, excess investment demand, moral hazard conduct, reducing investment growth, administrative localism, central investment control, ratchet planning, austerity rounds, central policy intentions, bureaucratic variables, technical renovation investments, central policy authorities, investment dispersions, top provincial officials, tax contract system, unweighted series, central investment projects, austerity period, formal tax system, bureaucratic integration, informational distribution, secondary officials, investment review process, cadre management system
Key Phrases - Capitalized Phrases (CAPs): (learn more)
State Council, World Bank, Cultural Revolution, Soviet Union, Central Committee, Zhao Ziyang, Ministry of Finance, Yao Yilin, State Statistical Bureau, Chinese Communist Party, Great Leap Forward, Chen Yun, National People's Congress, Deng Xiaoping, Hua Guofeng, Jiang Zemin, Zhao Zivang, Song Ping, Source Database, Ministry of Supervision, People's Bank of China, State Planning Commission, Ten-Year Development Plan, Zhao Dexing, Zheng Hongliang
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