Economics & Finance / Macroeconomics / Economic Development & Transition

Deconstructing China s Leap-The Chinese Economy: Transitions and Growth (Barry Naughton)

The Chinese Economy: Transitions and Growth

Barry Naughton

The Chinese Economy: Transitions and Growth (Barry Naughton) This textbook by Barry Naughton provides a comprehensive analysis of the structural transformation of the Chinese economy, framing it as a grand process of transition from a socialist command economy to a market-oriented system. The book not only traces the historical legacy and geographical endowments before the founding of the People’s Republic of China, but also offers an in-depth examination of the evolutionary path from the dual-track reform to deep integration into the global trading system. The author emphasizes that China is at a critical stage moving from institutional transition to high-quality development, focusing on core issues including the urban-rural dual structure, industrial upgrading, population policy, and environmental sustainability. Its central objective is to explain, through a rigorous academic perspective, how China has achieved sustained economic growth via incremental innovation and is gradually converging toward a “normal” market economy.