The Market System Structural Change And Efficient Economies

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The Market System, Structural Change, and Efficient Economies

This volume's aim is to promote thought in readers interested in what kind of economic policies, market systems, welfare systems, and socialist systems should each pursue under the pressures of accelerating change? Should there be more government or less government? This is the central question addressed by this internationally drawn group of experts. The book features major case studies on the People's Republic of China, Canada, Ghana, Great Britain, South Africa, Taiwan, and West Germany. Contributors include, Richard L. Brinkman, from the United States, James C.W. Ahiakpor and Tillo E. Kuhn from Canada, Dieter Loesch and Herbert Schmidt from Germany, and Geert L. deWet from South Africa. For technical economists interested in world trade, business people concerned with expanding markets, and policy analysts concerned about how technology, culture and politics drive economic systems, this book is essential reading. As the editor points out, indicative targeting, as the latest weapon in the arsenal of economic science, makes it possible to systematically discover signals that could become points of reference--landmarks--for the way into the future. The approach taken by the authors enables us to trace future trends by extrapolating current data onto new territory. It will help the policy maker identify desirable trends and ideas; and at the same time, provides some early warning signals about high-risk trends and patterns. Bodo B. Gemper is professor of economics at the University of Siegen in Germany. He previously edited a Transaction volume, Structural Dynamics of Industrial Policy, and in German, Protectionism in the World Economy.
New Structural Economics

Author: Justin Yifu Lin
language: en
Publisher: World Bank Publications
Release Date: 2012-01-01
This book provides an innovative framework to analyze the process of industrial upgrading and diversification, a key feature of economic development. Based on this framework, it provides concrete advice to development practitioners and policy makers on how to unleash a country's growth potential.
Research on China’s Market Economy Development

This book first analyzes the institutional changes and historical value orientations brought about by China's economic reforms and then explores the justice and progressiveness of changes in social production relations, as well as the uniqueness of economic growth and macro control in China's institutional changes. It further delves into the effectiveness and qualitative improvement during the growth process, including the evolution of structural height, the formation of structural benefits, and the improvement of factor productivity and input–output efficiency. Finally, the book dissects the systemic motivation of China's economic growth and development and proposes the requirements for systemic changes to achieve sustainable development. The main innovation of this book lies in revealing the basic driving factors of the debate on the justice of institutional change from the perspective of value theory, deepening the understanding of China's reform and development experience,and emphasizing the importance of economic growth structure efficiency and total factor efficiency.