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.
Table of Content
What Historical Value Orientation Should We Take to Understand and Promote the Reform.- Theoretical Debate Focus Regarding the Rightness of Institutional Transformation: Rethinking the Theory of Value and Conflict of the Two Economic Philosophies.- Historic Changes of Economic Development and Reform and the Fundamental Changes in Development Pattern.- Long-term Strategic Objectives for Achieving China’s Economic Growth and Possible Problems.- The Characteristics of Economic Cycle and the Complexity of Macroeconomic Regulation and Control in the Institutional Transition.- Supply Regulation and China’s Macroeconomic Regulation and Control at the Current Stage.- Supply Regulation and China’s Market-oriented Reform Process.- Structure Supererogation in Market-oriented Process, Economic Efficiency and Economic Growth.- Measuring the Height of Industrial Structure in China.- Industrial Structure, Ownership Structure and China’s Economic Growth.- Structural Efficiency and Technical Advance in China’s Economic Growth.
About the author
Liu Wei is a member of the Standing Committee of the Chinese People’s Political Consultative Conference (CPPCC) National Committee, former president of Renmin University of China, professor and Ph.D. supervisor of the School of Economics at Renmin University of China, and professor and Ph.D. supervisor of the School of Economics at Peking University. He is a member of the Academic Degrees Committee of the State Council, chair of the Theoretical Economics Review Group under the Committee, and member (Director-level) of the Steering Committee for Economics Teaching in Higher Education Institutions of the Ministry of Education. Prof. Liu is also a vice president of China Association of Higher Education and vice president of the Third Council of China Institute of Theory on the Chinese People’s Political Consultative Conference (CITCPPCC). His main research areas include socialist political economics with Chinese characteristics, economic development, economic growth theory, etc.
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