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Inflation and investment controls in China : the political economy of central-local relations during the reform era

Author: Yasheng Huang
Publisher: Cambridge : Cambridge University Press, 1999
Edition/Format:   Print book : EnglishView all editions and formats
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How has the Chinese central government been able to avoid the crippling hyperinflation that has bedeviled so many developing and centrally planned economies? Focusing on central-local relations,  Read more...

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Document Type: Book
All Authors / Contributors: Yasheng Huang
ISBN: 0521665736 9780521665735
OCLC Number: 41212720
Notes: With new preface.
Description: xxi, 371 pages : illustrations ; 23 cm
Contents: Figures and tables; Acknowledgements; Abbreviations; Preface; 1. Introduction; Part I. The Economic and Political Roles of Local Government Officials: 2. Local government officials as economic agents; 3. Local bureaucrats as investors: the investment roles of local governments; 4. The local officials in the bureaucratic hierarchy; Part II. Macroeconomic Policy Developments During the Reform Era: 5. Excess investment demand and austerity policies; Part III. Analyzing Local Investment Behavior: 7. Strategic investment behavior during austerity; 8. Bureaucratic investment behavior; 9. Conclusion: Political institutions, inflation control, and economic reforms; References; Indexes.
Responsibility: Yasheng Huang.

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This new book by Yasheng Huang is, in my view, one of the most significant studies to have appeared in many years and among other services it underlines, once again, that much of the most Read more...

 
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