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This collection reviews four decades of change in the Chinese economy, bringing together studies of reform, development and integration into global markets. Edited by Ross Garnaut, Ligang Song and Cai Fang, it examines the institutional and demographic changes behind growth as well as the challenges that remained in 2018.
Thirty-one chapters address macroeconomic adjustment, prices, finance, taxation, state enterprises, private businesses, migration, agriculture and urbanisation. Further sections consider energy, climate policy, trade and investment. Tables and figures allow readers to compare trends across sectors and periods. The volume combines historical interpretation with economic analysis, presenting a broad reference point for understanding the reforms that began in 1978.