Chinese Economy Post Mao

John P. Hardt -- China's post-Mao economic future / Robert F. Dernberger and David Fasenfest -- Recent Chinese economic performance and prospects for the ten-year plan / Nicholas R. Lardy -- The political dynamics of the People's Republic of China / William W. Whitson -- The Chinese development model / Alexander Eckstein -- Soviet perceptions of China's economic development / Leo A. Orleans -- Economic modernization in post-Mao China: policies, problems, and prospects / Nai-Ruenn Chen -- China: shift of economic gears in mid-1970s / Arthur G. Ashbrook, Jr. -- Political conflict and industrial growth in China: 1965-1977 / Robert Michael Field, Kathleen M. McGlynn, and William B. Abnett -- A survey of China's machine-building industry / Jack Craig, Jim Lewek, and Gordon Cole -- China's energetics: a system analysis / Vaclav Smil -- China's mineral economy / K. P. Wang -- China's electric power industry / William Clarke -- Population growth in the People's Republic of China / John S. Aird -- Technology and science: some issues in China's modernization / Jon Sigurdson -- Chinese employment policy in 1949-78 with special emphasis on women in rural production / Marina Thorborg -- Chinese agricultural production / Henry J. Groen and James A. Kilpatrick -- China's grain trade / Frederic M. Surls -- The evolution of policy and capabilities in China's agricultural technology / Thomas B. Wiens -- China's international trade and finance / Richard E. Batsavage and John L. Davie -- The Sino-American commercial relationship / Martha Avery and William Clarke -- Contracts, practice and law in trade with China: some observations / Stanley Lubman -- An analysis of China's hard currency exports: recent trends, present problems, and future potential / Hedija H. Kravalis -- The impact of most-favored-nation tariff treatment on U.S. imports from the People's Republic of China / Philip T. Lincoln, Jr., and James A. Kilpatrick -- The impact of U.S. most-favored-nation tariff treatment on PRC exports / Helen Raffel, Robert E. Teal, and Cheryl McQueen -- Chinese relations with the Third World / Carol Fogarty -- The impact of aid on Albanian industrial development: the Soviet Union and China as major trading partners / Adi Schnytzer.

The motives behind the Chinese Communist Party's policy changes and their effects upon the economy and political life of countryside and city are here analyzed by five political scientists and five economists. Their assessments of ongoing efforts to implement the new policies provide a timely survey of what is currently happening in China.

"In December 1978 the Chinese Communist Party announced dramatic changes in policy for both agriculture and industry that seemed to repudiate the Maoist “road to socialism” in favor of certain “capitalist” tendencies. The motives behind these changes, the nature of the reforms, and their effects upon the economy and political life of countryside and city are here analyzed by five political scientists and five economists. Their assessments of ongoing efforts to implement the new policies provide a timely survey of what is currently happening in China. Part One delineates the content of agricultural reforms—including decollectivization and the provisions for households to realize private profits—and examines their impact on production, marketing, peasant income, family planning, local leadership, and rural violence. Part Two examines the evolution of industrial reforms, centering on enterprise profit retention, and their impact on political conflict, resource allocation, investment, material and financial flows, industrial structure, and composition of output. Through all ten chapters one theme is conspicuous—the multiple interactions between politics and economics in China’s new directions since the Cultural Revolution."

John P. Hardt -- China's post-Mao economic future / Robert F. Dernberger and David Fasenfest -- Recent Chinese economic performance and prospects for the ten-year plan / Nicholas R. Lardy -- The political dynamics of the People's Republic of China / William W. Whitson -- The Chinese development model / Alexander Eckstein -- Soviet perceptions of China's economic development / Leo A. Orleans -- Economic modernization in post-Mao China: policies, problems, and prospects / Nai-Ruenn Chen -- China: shift of economic gears in mid-1970s / Arthur G. Ashbrook, Jr. -- Political conflict and industrial growth in China: 1965-1977 / Robert Michael Field, Kathleen M. McGlynn, and William B. Abnett -- A survey of China's machine-building industry / Jack Craig, Jim Lewek, and Gordon Cole -- China's energetics: a system analysis / Vaclav Smil -- China's mineral economy / K.P. Wang -- China's electric power industry / William Clarke -- Population growth in the People's Republic of China / John S. Aird -- Technology and science: some issues in China's modernization / Jon Sigurdson -- Chinese employment policy in 1949-78 with special emphasis on women in rural production / Marina Thorborg -- Chinese agricultural production / Henry J. Groen and James A. Kilpatrick -- China's grain trade / Frederic M. Surls -- The evolution of policy and capabilities in China's agricultural technology / Thomas B. Wiens -- China's international trade and finance / Richard E. Batsavage and John L. Davie -- The Sino-American commercial relationship / Martha Avery and William Clarke -- Contracts, practice and law in trade with China: some observations / Stanley Lubman -- An analysis of China's hard currency exports: recent trends, present problems, and future potential / Hedija H. Kravalis -- The impact of most-favored-nation tariff treatment on U.S. imports from the People's Republic of China / Philip T. Lincoln, Jr., and James A. Kilpatrick -- The impact of U.S. most-favored-nation tariff treatment on PRC exports / Helen Raffel, Robert E. Teal, and Cheryl McQueen -- Chinese relations with the Third World / Carol Fogarty -- The impact of aid on Albanian industrial development: the Soviet Union and China as major trading partners / Adi Schnytzer.

China has, since 1976, been enmeshed in an extraordinary program of renewal and reform. The obvious changes—the T-shirts, blue jeans, makeup and jewelry worn by Chinese youth; the disco music blaring from radios and loudspeakers on Chinese streets; the television antennas mushrooming from both urban apartment complexes and suburban peasant housing; the bustling free markets selling meat, vegetables and clothing in China's major cities—reflect a fundamental shift in the government's policy toward the economy and political life. Although doubts about the long-term commitment to reform arose after the student protests in December 1986 and the dismissal of Party General Secretary Hu Yaobang in January 1987, the scope of reform has been so broad and the pace of change so rapid, that the post-Mao era fully warrants Den Xiaoping's description of it as the "second revolution" undertaken by the Chinese Communist Party.

Tracing the role of ideas in Chinese economic reform from 1978 to the present, this book explores the conversion of China's policymakers to capitalist economic thinking. Chen argues that the reform process has created a gap between the legitimacy of the leadership, which remains rooted in Marxist-Leninist ideology, and the practice of reform, which has abandoned such ideological constraints. Through a systematic survey of party documents and resolutions, official publications, leaders' speeches, academic journals, and newspapers, Chen shows how Chinese policymakers reconceptualized the ownership system and adjusted related policies. Focusing on a number of economic policy issue areas such as state economy, rural reform, privatization, and income distribution, he analyzes in depth the implications of this gap for the current Chinese leadership and the future of China's political development.

China's bold program of reforms launched in the late 1970s--the move to a market economy and the opening to the outside world--ended the political chaos and economic stagnation of the Cultural Revolution and sparked China's unprecedented economic boom. Yet, while the reforms made possible a rising standard of living for the majority of China's population, they came at the cost of a weakening central government, increasing inequalities, and fragmenting society. The essays of Barry Naughton, Joseph Fewsmith, Paul H. B. Godwin, Murray Scot Tanner, Lianjiang Li and Kevin J. O'Brien, Tianjian Shi, Martin King Whyte, Thomas P. Bernstein, Dorothy J. Solinger, David S. G. Goodman, Kristen Parris, Merle Goldman, Elizabeth J. Perry, and Richard Baum and Alexei Shevchenko analyze the contradictory impact of China's economic reforms on its political system and social structure. They explore the changing patterns of the relationship between state and society that may have more profound significance for China than all the revolutionary movements that have convulsed it through most of the twentieth century.

How China Became Capitalist details the extraordinary, and often unanticipated, journey that China has taken over the past thirty five years in transforming itself from a closed agrarian socialist economy to an indomitable economic force in the international arena. The authors revitalise the debate around the rise of the Chinese economy through the use of primary sources, persuasively arguing that the reforms implemented by the Chinese leaders did not represent a concerted attempt to create a capitalist economy, and that it was 'marginal revolutions' that introduced the market and entrepreneurship back to China. Lessons from the West were guided by the traditional Chinese principle of 'seeking truth from facts'. By turning to capitalism, China re-embraced her own cultural roots. How China Became Capitalist challenges received wisdom about the future of the Chinese economy, warning that while China has enormous potential for further growth, the future is clouded by the government's monopoly of ideas and power. Coase and Wang argue that the development of a market for ideas which has a long and revered tradition in China would be integral in bringing about the Chinese dream of social harmony.