European University Institute Library

Economic growth and distribution in China, Nicholas R. Lardy

eng

index present

non fiction

Economic growth and distribution in China

electronic resource

dictionaries

708568540

Nicholas R. Lardy

Cambridge Social Sciences eBooks

This study maintains that China's system of economic planning tends to mitigate the trade-off between economic growth and equity that has been found to prevail in the early stages of development in most less developed countries. The analysis focuses on the Chinese leadership's attempt to improve economic efficiency by decentralizing economic management without encouraging, as a consequence, increased economic inequality among different regions. By examining the budgetary and planning process, focusing in particular on the fiscal relations between the centre and the far-reaching degree of resource redistribution undertaken by the central government through its control of interprovincial and intersectoral resource transfers. Professor Lardy's analysis highlights the essential features of Chinese economic growth and relates these to the experience of both developing and Soviet-type economies.--, Provided by publisher

Economic Growth & Distribution in China