Zhu Rongji And China's Economic Take-off

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A01=John Wong
Author_John Wong
Banking Reform
Category=GTM
Category=JPQB
Category=KCG
Category=KCM
China's Take-Off
Debt Crisis
Declining Fertility
Deng Xiaoping
Embracing Capitalism
eq_bestseller
eq_business-finance-law
eq_isMigrated=1
eq_isMigrated=2
eq_nobargain
eq_non-fiction
eq_society-politics
Financial Domino
Foreign Exchange Reform
Macroeconomic Controls
Outward Direct Investment
Service Sector
SOE Reform
Sources of Growth
Taxation Reform
Zhu Rongji

Product details

  • ISBN 9781783268825
  • Publication Date: 18 Nov 2016
  • Publisher: Imperial College Press
  • Publication City/Country: GB
  • Product Form: Hardback
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Following Deng Xiaoping's economic reform and opening (Gaige Kaifang) policy, China experienced unprecedented high growth for over three decades. Crucial in the process was the role of Zhu Rongji, who was hand-picked by Deng initially as Executive Vice-Premier and later full Premier to carry through the needed reform and manage the critical marketization process through the turbulent 1990s when China's economy suffered many ups and downs. Dubbed as China's "Economic Czar", Zhu tackled many thorny problems associated with the country's then half-reformed economy ably and effectively, thereby laying the ground for subsequent periods of greater dynamic growth. Zhu was instrumental in preparing China's economy for its final take-off.The chapters in this volume were originally written as "policy briefings" for the Singapore government from 1997 to 2003 when Zhu was Premier. They cover a wide variety of topics including how he had applied his own way of "macroeconomic control" (Hongguan Tiaokong), how he went about reforming taxation, foreign exchange and state-owned enterprises, and finally his embrace of capitalism. Each chapter is preceded by a detailed introduction highlighting the main issues and interpreting them from today's perspective based on updated information and additional new research.

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