The Political Economy of China’s Great Transformation consists of three parts: first, covering the current political transformation, providing a general political background for the socio-economic, fiscal and urban and rural transformation.
The book analyses the economic transformation and addresses the shortcomings of existing interpretations of the "Chinese Miracle" and develops a new multi-dimensional framework. In addition, it shows how the private sector has been developing and what a major role it is playing in pushing forward the overall economic development.
The book also focuses on the analysis of China’s fiscal transformation. With the set of refined principles of fiscal federalism that the author has developed, it examines the problems of Chinese fiscal federalism in contrast to them. It further elaborates on topics such as the local government debt and explains why further reforms are necessary, making this book a very comprehensive read to understand China’s progress.
Xingyuan Feng is Professor and Vice President of the Cathay Institute for Public Affairs in Beijing. He received his PhD in economics from University of Witten/Herdecke, Germany.
Michael's main research fields include the Australian School of Economics, Freiburg School, Public Choice, constitutional economics, new institutional economics, evolutionary economics, private sector development, government finance, banking and finance, SME finance, rural finance, as well as local and rural governance.
Christer Ljungwall lives in Beijing and works for the Swedish Agency for Growth Policy Analysis, as Science & Innovation Counsellor, Head of Office of Science and Innovation of the Embassy of Sweden. He is also Associate Professor in Economics at Department of International Economics and Management, Copenhagen Business School. His areas of research interest are related to China’s economy, e.g., innovation and economic growth, institutional economics, regional development, private sector development, government finance, central-local government relations, and rural finance. He had held positions over years as Senior Economist with the Asian Development Bank in Mongolia in 2009-10, and Visiting Research Fellow China Center for Economic Research, Peking University in 2004-09. He has published more than 30 academic articles in English, 150+ reports, authored and contributed to 5 books. He received his PhD in Economics from Gothenburg University in 2003.
Sujian Guo is Changjiang Scholar, Distinguished Professor at Fudan University, and a tenured professor at San Francisco State University. He is also Editor-in-chief ofJournal of Chinese Political Science (Springer), Fudan Journal of the Humanities and Social Sciences (Springer), Executive Editor-in-chief ofChinese Political Science Review (Springer), Co-editor-in-chief of Journal of Chinese Governance (Routledge) and Editor of Rowman & Littlefield-Lexington’s book series "Challenges Facing Chinese Political Development". He has published over 20 authored and edited books and over 40 academic journal articles.
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