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Policy Reform And Chinese Markets
Progress and Challenges

Edited by Belton M. Fleisher, Professor of Economics, Ohio State University, US and Research Fellow, IZA, Nicholas C. Hope, Director, Stanford Center for International Development, US, Anita Alves Pena, Assistant Professor of Economics, Colorado State University, US and Dennis Tao Yang, Professor of Economics, Virginia Polytechnic Institute and State University, US and The Chinese University of Hong Kong
Contents:

Introduction

1. China’s Transition to the Market: Progress and Challenges
Nicholas C. Hope and Lawrence J. Lau

2. Impact and Significance of State-Owned Enterprise Restructuring in China
Ross Garnaut, Ligang Song and Yang Yao

3. Antitrust in China 2006: The Problem of Incentive Compatibility
Bruce M. Owen, Su Sun and Wentong Zheng

4. Property Rights and ‘Original Sin’ in China: Transaction Costs, Wealth Creation and Property Rights Infrastructure
Andrew Sheng, Geng Xiao and Yuan Wang

5. Corporate Governance and Property Rights Infrastructure: The Experiences of Hong Kong and Lessons for China
Andrew Sheng, Geng Xiao and Yuan Wang

6. China’s Evolving Labor Market
Belton M. Fleisher and Dennis Tao Yang

7. China’s Emerging Domestic Debt Markets
Pieter Bottelier

8. Incremental Reform and Distortions in China’s Product and Factor Markets
Xiaobo Zhang and Kong-Yam Tan

9. China’s Emergence as the Workshop of the World
Will Martin and Vlad Manole

10. China’s Emergence, Real Exchange Rates and Implications for East Asian Regional Trade and Growth
David Roland-Holst

11. The Chinese Approach to Capital Inflows: Patterns and Possible Explanations
Eswar S. Prasad and Shang-Jin Wei

12. Foreign Direct Investment in China and East Asia
Busakorn Chantasasawat, K.C. Fung, Hitomi Iizaka and Alan Siu

Index
2008 352 pp Hardback 978 1 84720 396 0 $ 120.00 on-line discount $ 108.00
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