The Sage Handbook of the Chinese Economy
- Ronald M. Schramm - Columbia University, New York, USA
SAGE Handbooks of Modern China
The Sage Handbook of the Chinese Economy is a comprehensive resource that delves into the complexities of China's economic and financial systems. Bringing together some of the world’s leading scholars, this handbook brings both depth and breadth to our understanding of China. It examines specific industries and issues, ranging from real estate to total factor productivity, while also covering China’s domestic economy and its global impact.
China's tremendous economic progress over the past five decades is well known, but understanding whether this growth can continue requires a deeper look beyond the headlines. This handbook aims to "look under the hood" at specific industries and sectors to better understand the accomplishments and impediments to sustainable growth. At a time when China is experiencing significant economic challenges, including supply constraints, demand declines, and frayed trade relations, this volume offers insights into the direction China might take as it navigates these issues.
The handbook is organized into five key sections. The section on key industries provides the "state-of-play" in critical sectors, highlighting how industries are transforming in response to global forces, government policies, innovation, and competition. The financial markets section examines the government's dominant role and the opportunities for improving capital allocation to promote future growth. The section on human capital addresses the challenges of a shrinking labor force and the urban/rural divide, while the macroeconomics section explores the unique challenges of managing China's segmented economy. Finally, the section on China and the globe presents a picture of China's significant global presence and the potential future developments in its international economic relations.
The Sage Handbook of the Chinese Economy is an essential guide for scholars, practitioners, and students seeking to understand the intricacies of China's economy. It provides a comprehensive and nuanced exploration of the field, equipping readers to engage with the theoretical and practical aspects of China's economic landscape.
Part 1: Key Industries
Part 2: Financial Markets
Part 3: Human Capital
Part 4: Macroeconomics
Part 5: China and the Globe