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  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
The Supply-Side Revolution with Chinese Characteristics

The Supply-Side Revolution with Chinese Characteristics

Fuqian, Fang

Hardcover

EconomicsGeneral Political Science

ISBN10: 1032433620
ISBN13: 9781032433622
Publisher: Routledge
Published: Feb 24 2023
Pages: 220
Weight: 1.11
Height: 0.56 Width: 6.14 Depth: 9.21
Language: English

Focusing on the supply-side structural reform in China, this book investigates the impetus, implementation strategy, initial results and theoretical underpinnings of the revolution, assessing its significance in perfecting China's socialist market economic system.

The supply-side structural reform launched in China in 2015 aims to thoroughly resolve the cyclical excess capacity and the habitual imbalance of economic structure; and form a long-term mechanism for economic stability, different from the supply-side policies under the Reagan Administration in the 1980s. Based on the analysis framework of aggregate demand and supply, combined with institutional and structural analysis, the title elucidates the reason, theory, measures and results that ground the reform. It explicates the three-step strategy to ensure the successful outcome, countermeasures against current supply-side problems, upgrading the economic structure, and most importantly the institutional reform and innovation. The author emphasizes the importance of reforming both market and government and advances a double-effect model combining the effective market and government.

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