000			02339nam a22002417a 4500
005			20221206113427.0
008			221206b |||||||| |||| 00| 0 eng d
020			_a9780881327373
028			_a: Zafaa Books & Distributors _b: 313/56F, 49A, Anand Nagar, Inderlok, Delhi- 110035 _c: ZBD0533 _d: 01/12/2022
082			_a338.951 LAR
100			_aLardy, Nicholas R.
245			_aThe state strikes back _b: the end of economic reform in China? _c/ Nicholas R. Lardy.
260			_a, Washington, DC _b: Peterson Institute for International Economics _c, 2019.
300			_axiv, 172 pages _b : illustrations _c: 26cm.
365			_b1913
505			_aIntroduction 1. Understanding China's economic slowdown after the Global Financial Crisis 2. China's convergence potential 3. China's failing strategy to to reform state-owned enterprises 4. The path back to market-oriented economic reform 5. Prospects for further economic reform Appendices
520			_aChina's extraordinarily rapid economic growth since 1978, driven by market-oriented reforms, has set world records and continued unabated, despite predictions of an inevitable slowdown. In The State Strikes Back: The End of Economic Reform in China?, the renowned China scholar Nicholas R. Lardy argues that China's future growth prospects could be equally bright but are shadowed by the specter of resurgent state dominance, which has begun to diminish the vital role of the market and private firms in China's economy. Lardy's book is a timely sequel to his path-breaking Markets Over Mao: The Rise of Private Business in China (Peterson Institute for International Economics, 2014). This book mobilizes new data to trace how President Xi Jinping has consistently championed state-owned or controlled enterprises, encouraging local political leaders and financial institutions to prop up ailing, underperforming companies that are a drag on China's potential. As with his previous book, Lardy's perspective departs from conventional wisdom, especially in its contention that China could achieve a high growth rate for the next two decades--if it reverses course and returns to the path of market-oriented reforms
650			_aEconomic history
650			_aChina Economic policy
650			_aBusiness and Economics
700			_aNicholas R. Lardy.
942			_cBOOK
999			_c59794 _d59794