Chinas Economic Transformation

In the three decades since the start of economic reforms in China, economic growth in the world s most populous country has been a phenomenal 9.6% per year on average. In China s Economic Transformation, Gregory Chow provides a penetrating and comprehensive examination of the historical, institutional, and theoretical factors that have contributed to this economic success. Chow draws on insights gained from over twenty years of teaching, travelling, working with government officials and academics, and interacting with ordinary citizens in Chinese society to analyze and explain China s rapidly evolving economy.

Including new material on China s foreign investments, trade with regional partners, energy and environmental issues, and Chinese human capital, this thoroughly updated new edition will continue to be an essential resource for students and scholars of Chinese economics.

Gregory Chow is Professor of Economics and Class of 1913 Professor of Political Economy, Emeritus, at Princeton University. Author of 16 books and over 250 journal articles, he is a Fellow of The Econometric Society and the American Statistical Association. He has advised top government officials in mainland China and Taiwan, and in May 2001 the Econometric Research Program at Princeton was named in his honor.