China’s Miracle :  From the Perspective of Political Economy

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World Review of Political Economy

Volume 12, Issue 2

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Abstract: found
Article: found

Is Open Access

China’s Miracle : From the Perspective of Political Economy

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research-article

Author(s): Fusheng Xie , Xiaolu Kuang , Jiateng Wang ^* ^,

Publication date (Electronic preprint): 01 July 2021

Journal: World Review of Political Economy

Publisher: Pluto Journals

Keywords: transformation, reform and opening-up, China, political economy

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Abstract

Content

Author and article information

Journal

Journal ID (doi): 10.13169/worlrevipoliecon

Title: World Review of Political Economy

Abbreviated Title: WRPE

Publisher: Pluto Journals

ISSN (Electronic): 2042-8928

Publication date (Electronic preprint): 01 July 2021

Volume: 12

Issue: 2

Pages: 150-180

Author notes

[* ] Correspondence: Jiateng Wang ( wjiateng@ 123456umass.edu )

Article

DOI: 10.13169/worlrevipoliecon.12.2.0150

SO-VID: 0ec07171-1b1f-4299-ad59-a70a1d5158dd

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Page count

Pages: 31

References

M. Aglietta, and G. Bai. 2013. China’s Development: Capitalism and Empire. London: Routledge.
H. Chang 2011. “Hamlet without the Prince of Denmark: How Development Has Disappeared from Today’s ‘Development’ Discourse.” In Towards New Developmentalism: Market as Means Rather Than Master, edited by S. Khan and J. Christiansen, 47. New York: Routledge.
Z. Dong 2009. “The Path and Achievements of Industrialization in New China.” [In Chinese.] CPC History Studies, no. 2: 3–14.
ETCPRC (Economic and Trade Commission of the People’s Republic of China). 2000. Fifty Years of Chinese Industry—A Guide to China’s Industry, vol. 8. [In Chinese.] Beijing: China Economic Press.
J. Felipe, and J. McCombie. 2013. The Aggregate Production Function and the Measurement of Technical Change: Not Even Wrong. Cheltenham: Edward Elgar.
J. Fewsmith 2001. “The Political and Social Implications of China’s Accession to the WTO.” The China Quarterly 167: 573–591.
S. Goldstein 1995. “China in Transition: The Political Foundations of Incremental Reform.” The China Quarterly 144: 1111–1116.
H. Gui 2019. “Modes of Land Development and Process of Population on Urbanization—A Comment on Land Expropriation System Reform.” [In Chinese.] Journal of Huazhong Agricultural University (Social Sciences Edition), no. 1: 155–161.
Q. Huang 2018. “China’s Industrial Development and Industrialization Process during the 40 Years of Reform and Opening-Up.” [In Chinese.] China Industrial Economics, no. 9: 5–23.
IIECASS (Institute of Industrial Economics of CASS). 2008. “China Industrial Development Report (2008)—30 Years of China’s Industrial Reform and Opening-Up.” [In Chinese.] Beijing: Economic Management Press.
R. Kang 1994. “The New Pattern of China’s Technology Imports in the 1990s.” [In Chinese.] Management World, no. 1: 169–171.
N. Lardy 1995. “The Role of Foreign Trade and Investment in China’s Economic Transformation.” The China Quarterly 144: 1065–1082.
Q. Li, Y. Chen, and J. Liu. 2012. “On the ‘Development Mode’ of Chinese Urbanization.” [In Chinese.] Social Sciences in China, no. 7: 82–100.
X. Li, X. Liu, and Y. Wang. 2014. “The Mode of China’s Economic Development.” [In Chinese.] China Journal of Economics, no. 4: 1–48.
Y. Li 2008. “Thought Releasing, Theory Innovation and Economy Reform: In Memory of 30 Years of the Reform and Opening-Up in China.” [In Chinese.] Journal of Peking University (Philosophy and Social Sciences), no. 5: 5–9.
Y. Lin, F. Cai, and Z. Li. 1993. “Studies on the Gradual Way of China’s Economic Reform.” [In Chinese.] Economic Research Journal, no. 9: 3–11.
Y. Lin, F. Cai, and Z. Li. 1999. “Comparative Advantage and Development Strategy.” [In Chinese.] Social Sciences in China, no. 5: 3–20.
M. Liu, and B. Sun. 2009. “Commercial Land Price Formation Mechanism, Real Estate Bubbles and Their Governance.” [In Chinese.] Journal of Financial Research, no. 10: 22–37.
S. Liu, X. Wang, D. Yuan, and J. Zhang. 2010. “The Risks and Countermeasures Faced by China’s Industrial Structure Upgrade.” [In Chinese.] Review of Economic Research, no. 13: 2–43.
S. Liu 2020. “Establish a Higher-Level Market Mechanism to Achieve Full Opening of the Elements.” [In Chinese.] Securities Times, June 5.
Z. Liu, and J. Wang. 2000. “Excess Production Capacity of Manufacturing Industry and the Industrial Elevation Strategy.” [In Chinese.] Economist, no. 1: 64–69.
D. Lu 2001. China’s Transformation Growth—A Structural-Institutional Analysis. [In Chinese.] Beijing: Economic Science Press.
T. Lu 2000. “Studies on the Phase Change of China’s Industrial Development.” [In Chinese.] Study and Exploration, no. 1: 4–11.
T. Lu 2008. “Thirty-Year History and Experience of Adjustment and Upgrading of China’s Industrial Structure.” [In Chinese.] Social Science Front, no. 5: 7–14.
W. Lu 2004. “Institutional Constraints, Economic Imbalances and Fiscal Policy: An Analysis of China’s Transition since 1998.” [In Chinese.] Social Sciences in China, no. 2: 4–17.
D. C. North, and R. P. Thomas. 1973. The Rise of the Western World: A New Economic History. Cambridge: Cambridge University Press.
PLROCPCCC (Party Literature Research Office of the CPC Central Committee). 2008. Selection of Important Documents in the Thirty Years of Reform and Opening-Up. [In Chinese.] Beijing: Central Party Literature Press.
PLROCPCCC (Party Literature Research Office of the CPC Central Committee). 2017. Excerpts of Xi Jinping’s Discussion on Socialist Economic Construction. [In Chinese.] Beijing: Central Party Literature Press.
L. Putterman 1995. “The Role of Ownership and Property Rights in China’s Economic Transition.” The China Quarterly 144: 1047–1064.
H. Qi, and D. Kotz. 2020. “The Impact of State-Owned Enterprises on China’s Economic Growth.” Review of Radical Political Economics 52 (1): 96–114.
Y. Qian, and B. Weingast. 1996. “China’s Transition to Markets: Market-Preserving Federalism, Chinese Style.” Journal of Policy Reform 1 (2): 149–186.
T. Rawski 1995. “Implications of China’s Reform Experience.” The China Quarterly 144: 1150–1173.
A. Shaikh 1974. “Laws of Production and Laws of Algebra: The Humbug Production Function.” Review of Economics and Statistics 56 (1): 115–120.
H. Su, and H. Wei. 2018. “The Course, Inspiration and Expectation of China’s Urbanization over the Past 40 Years of Reform and Opening-Up.” [In Chinese.] Reform, no. 11: 49–59.
R. Tao, X. Lu, F. Su, and H. Wang. 2009. “China’s Transition and Development Model under Evolving Regional Competition Patterns.” [In Chinese.] Economic Research Journal, no. 7: 21–33.
K. Walker 1984. “Chinese Agriculture during the Period of the Readjustment, 1978–1983.” The China Quarterly 100: 783–812.
J. Wu 2018. China’s Economic Reform Process. [In Chinese.] Beijing: China Encyclopedia Press.
F. Xie, L. Gao, and P. Xie. 2019. “Supply-Side Structural Reform from the Perspective of Global Production Networks: Based on Theoretical Logic and Empirical Evidence of Political Economy.” [In Chinese.] Management World, no. 11: 89–101.
S. Yao 2008. “Studies on Marx’s Theory of Human Needs—Also on the Relationship between Marx, Freud and Maslow.” [In Chinese.] Southeast Academic Research, no. 2: 105–113.
J. Zhang 2005. “Competing for Growth: An Interpretation of China’s Mystery.” [In Chinese.] Dongyue Tribune, no. 4: 15–19.
W. Zhang 2007. “Understand and Defend the Market Economy.” [In Chinese.] Study Times, December 17.
W. Zhang 2009. The Economic System of China. [In Chinese.] Beijing: China CITIC Press.
F. Zhou 2006. “A Decade of Tax-Sharing: The System and Its Evolution.” [In Chinese.] Social Sciences in China, no. 6: 100–115.
F. Zhou 2012. Profit for Profit: Fiscal Relations and Local Government Behavior. [In Chinese.] Shanghai: Shanghai Joint Publishing Press.
L. Zhou 2007. “Governing China’s Local Officials: An Analysis of the Promotion Tournament Model.” [In Chinese.] Economic Research Journal, no. 7: 36–50.
Q. Zhou 2017. “System Cost and China’s Economic Growth.” [In Chinese.] China Economic Quarterly, no. 3: 859–876.
S. Zhou 1998. “Retrospect and Prospect of China’s State-Owned Enterprise Reform in the Past 20 Years.” [In Chinese.] Social Sciences in China, no. 6: 44–58.

Comments

Comment on this article

[1] M. Aglietta, and G. Bai. 2013. China’s Development: Capitalism and Empire. London: Routledge.

[2] H. Chang 2011. “Hamlet without the Prince of Denmark: How Development Has Disappeared from Today’s ‘Development’ Discourse.” In Towards New Developmentalism: Market as Means Rather Than Master, edited by S. Khan and J. Christiansen, 47. New York: Routledge.

[3] Z. Dong 2009. “The Path and Achievements of Industrialization in New China.” [In Chinese.] CPC History Studies, no. 2: 3–14.

[4] ETCPRC (Economic and Trade Commission of the People’s Republic of China). 2000. Fifty Years of Chinese Industry—A Guide to China’s Industry, vol. 8. [In Chinese.] Beijing: China Economic Press.

[5] J. Felipe, and J. McCombie. 2013. The Aggregate Production Function and the Measurement of Technical Change: Not Even Wrong. Cheltenham: Edward Elgar.

[6] J. Fewsmith 2001. “The Political and Social Implications of China’s Accession to the WTO.” The China Quarterly 167: 573–591.

[7] S. Goldstein 1995. “China in Transition: The Political Foundations of Incremental Reform.” The China Quarterly 144: 1111–1116.

[8] H. Gui 2019. “Modes of Land Development and Process of Population on Urbanization—A Comment on Land Expropriation System Reform.” [In Chinese.] Journal of Huazhong Agricultural University (Social Sciences Edition), no. 1: 155–161.

[9] Q. Huang 2018. “China’s Industrial Development and Industrialization Process during the 40 Years of Reform and Opening-Up.” [In Chinese.] China Industrial Economics, no. 9: 5–23.

[10] IIECASS (Institute of Industrial Economics of CASS). 2008. “China Industrial Development Report (2008)—30 Years of China’s Industrial Reform and Opening-Up.” [In Chinese.] Beijing: Economic Management Press.

[11] R. Kang 1994. “The New Pattern of China’s Technology Imports in the 1990s.” [In Chinese.] Management World, no. 1: 169–171.

[12] N. Lardy 1995. “The Role of Foreign Trade and Investment in China’s Economic Transformation.” The China Quarterly 144: 1065–1082.

[13] Q. Li, Y. Chen, and J. Liu. 2012. “On the ‘Development Mode’ of Chinese Urbanization.” [In Chinese.] Social Sciences in China, no. 7: 82–100.

[14] X. Li, X. Liu, and Y. Wang. 2014. “The Mode of China’s Economic Development.” [In Chinese.] China Journal of Economics, no. 4: 1–48.

[15] Y. Li 2008. “Thought Releasing, Theory Innovation and Economy Reform: In Memory of 30 Years of the Reform and Opening-Up in China.” [In Chinese.] Journal of Peking University (Philosophy and Social Sciences), no. 5: 5–9.

[16] Y. Lin, F. Cai, and Z. Li. 1993. “Studies on the Gradual Way of China’s Economic Reform.” [In Chinese.] Economic Research Journal, no. 9: 3–11.

[17] Y. Lin, F. Cai, and Z. Li. 1999. “Comparative Advantage and Development Strategy.” [In Chinese.] Social Sciences in China, no. 5: 3–20.

[18] M. Liu, and B. Sun. 2009. “Commercial Land Price Formation Mechanism, Real Estate Bubbles and Their Governance.” [In Chinese.] Journal of Financial Research, no. 10: 22–37.

[19] S. Liu, X. Wang, D. Yuan, and J. Zhang. 2010. “The Risks and Countermeasures Faced by China’s Industrial Structure Upgrade.” [In Chinese.] Review of Economic Research, no. 13: 2–43.

[20] S. Liu 2020. “Establish a Higher-Level Market Mechanism to Achieve Full Opening of the Elements.” [In Chinese.] Securities Times, June 5.

[21] Z. Liu, and J. Wang. 2000. “Excess Production Capacity of Manufacturing Industry and the Industrial Elevation Strategy.” [In Chinese.] Economist, no. 1: 64–69.

[22] D. Lu 2001. China’s Transformation Growth—A Structural-Institutional Analysis. [In Chinese.] Beijing: Economic Science Press.

[23] T. Lu 2000. “Studies on the Phase Change of China’s Industrial Development.” [In Chinese.] Study and Exploration, no. 1: 4–11.

[24] T. Lu 2008. “Thirty-Year History and Experience of Adjustment and Upgrading of China’s Industrial Structure.” [In Chinese.] Social Science Front, no. 5: 7–14.

[25] W. Lu 2004. “Institutional Constraints, Economic Imbalances and Fiscal Policy: An Analysis of China’s Transition since 1998.” [In Chinese.] Social Sciences in China, no. 2: 4–17.

[26] D. C. North, and R. P. Thomas. 1973. The Rise of the Western World: A New Economic History. Cambridge: Cambridge University Press.

[27] PLROCPCCC (Party Literature Research Office of the CPC Central Committee). 2008. Selection of Important Documents in the Thirty Years of Reform and Opening-Up. [In Chinese.] Beijing: Central Party Literature Press.

[28] PLROCPCCC (Party Literature Research Office of the CPC Central Committee). 2017. Excerpts of Xi Jinping’s Discussion on Socialist Economic Construction. [In Chinese.] Beijing: Central Party Literature Press.

[29] L. Putterman 1995. “The Role of Ownership and Property Rights in China’s Economic Transition.” The China Quarterly 144: 1047–1064.

[30] H. Qi, and D. Kotz. 2020. “The Impact of State-Owned Enterprises on China’s Economic Growth.” Review of Radical Political Economics 52 (1): 96–114.

[31] Y. Qian, and B. Weingast. 1996. “China’s Transition to Markets: Market-Preserving Federalism, Chinese Style.” Journal of Policy Reform 1 (2): 149–186.

[32] T. Rawski 1995. “Implications of China’s Reform Experience.” The China Quarterly 144: 1150–1173.

[33] A. Shaikh 1974. “Laws of Production and Laws of Algebra: The Humbug Production Function.” Review of Economics and Statistics 56 (1): 115–120.

[34] H. Su, and H. Wei. 2018. “The Course, Inspiration and Expectation of China’s Urbanization over the Past 40 Years of Reform and Opening-Up.” [In Chinese.] Reform, no. 11: 49–59.

[35] R. Tao, X. Lu, F. Su, and H. Wang. 2009. “China’s Transition and Development Model under Evolving Regional Competition Patterns.” [In Chinese.] Economic Research Journal, no. 7: 21–33.

[36] K. Walker 1984. “Chinese Agriculture during the Period of the Readjustment, 1978–1983.” The China Quarterly 100: 783–812.

[37] J. Wu 2018. China’s Economic Reform Process. [In Chinese.] Beijing: China Encyclopedia Press.

[38] F. Xie, L. Gao, and P. Xie. 2019. “Supply-Side Structural Reform from the Perspective of Global Production Networks: Based on Theoretical Logic and Empirical Evidence of Political Economy.” [In Chinese.] Management World, no. 11: 89–101.

[39] S. Yao 2008. “Studies on Marx’s Theory of Human Needs—Also on the Relationship between Marx, Freud and Maslow.” [In Chinese.] Southeast Academic Research, no. 2: 105–113.

[40] J. Zhang 2005. “Competing for Growth: An Interpretation of China’s Mystery.” [In Chinese.] Dongyue Tribune, no. 4: 15–19.

[41] W. Zhang 2007. “Understand and Defend the Market Economy.” [In Chinese.] Study Times, December 17.

[42] W. Zhang 2009. The Economic System of China. [In Chinese.] Beijing: China CITIC Press.

[43] F. Zhou 2006. “A Decade of Tax-Sharing: The System and Its Evolution.” [In Chinese.] Social Sciences in China, no. 6: 100–115.

[44] F. Zhou 2012. Profit for Profit: Fiscal Relations and Local Government Behavior. [In Chinese.] Shanghai: Shanghai Joint Publishing Press.

[45] L. Zhou 2007. “Governing China’s Local Officials: An Analysis of the Promotion Tournament Model.” [In Chinese.] Economic Research Journal, no. 7: 36–50.

[46] Q. Zhou 2017. “System Cost and China’s Economic Growth.” [In Chinese.] China Economic Quarterly, no. 3: 859–876.

[47] S. Zhou 1998. “Retrospect and Prospect of China’s State-Owned Enterprise Reform in the Past 20 Years.” [In Chinese.] Social Sciences in China, no. 6: 44–58.