The Logic of the Market (ePub)
An Insider's View of Chinese Economic Reform
(Sprache: Englisch)
The Logic of the Market by Weiying Zhang—considered China's "leading market liberal"—comprises his most influential essays on economics over the past three decades. First published in China in 2010, this revised edition contains three new essays, which...
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The Logic of the Market by Weiying Zhang—considered China's "leading market liberal"—comprises his most influential essays on economics over the past three decades. First published in China in 2010, this revised edition contains three new essays, which offer those outside China a deeper understanding of the Chinese economy. "Market competition is a really just competition to create value for others... Only through this approach did the Western economy advance over the past 200 years. It is also the reason for China's economic marvel over the past 30 years," writes Weiying. Readers will appreciate Weiying's ability to address both everyday economic issues and the questions that confront a nation's leaders, not the least a nation seeking to escape mass poverty.The economic reforms and subsequent growth in China may be the most astonishing and hopeful event of our age. Weiying was among the leaders who set China on its path of change. Here he elucidates the pitfalls and the progress of economic reform, celebrating leaders who mixed sustained idealism with judicious compromise. Readers seeking to learn from China's successes will find much of interest here. Weiying emphasizes the importance of entrepreneurs in the new China. He concludes, "The key for China, as the country with the world's largest population, to return to being the largest economy lies in allowing the entrepreneurial spirit to develop the potential of the domestic market." For that to happen, Weiying recommends that China continue to reduce the state-owned economy, lessen government control over the economy, and—over the next 30 years—emphasize political reform to build a constitutional democracy.His thinking is not limited to China. Some of these essays also focus on the global financial crisis—how Keynesian policies can only be effective for the short term and will bring long-term negative consequences. Weiying provides a unique perspective on his country's market economy, implementation of economic policies, and the potential for Chinese economic development. "I hope that the logic of the market becomes every person's ideal," he writes. "That is my reason for writing this book."
Autoren-Porträt von Weiying Zhang
Weiying Zhang is widely regarded as the leading advocate of the free market in China as well as an authority on the theory of the firm and ownership reform. His insightful and provocative opinions about China's reforms have been widely reported both in Chinese and international media. The Wall Street Journal called him "China's Anti-Keynesian Insurgent." Since 1997, Zhang has taught economics at Peking University, and was the Dean of the Guanghua School of Management between 2006 and 2010. He is the chief economist for the China Entrepreneurs Forum. He is the author of nine books, including The Theory of the Firm and Chinese Enterprise Reform (1999); Prices, the Market, and Entrepreneurship (2006); Thirty Years of Chinese Reform (2008); and Games and Society (2013).Matthew Dale studied Chinese at the Beijing Foreign Studies University and Fudan University. He has worked throughout China for American companies.
Bibliographische Angaben
- Autor: Weiying Zhang
- 2015, Englisch
- Übersetzer: Matthew Dale
- ISBN-10: 193970961X
- ISBN-13: 9781939709615
- Erscheinungsdatum: 20.01.2015
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eBook Informationen
- Dateiformat: ePub
- Größe: 3.53 MB
- Mit Kopierschutz
Sprache:
Englisch
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