Economic Growth and Distribution in China

Nicholas R. Lardy

doi:10.1017/CBO9780511528262

This study maintains that China's system of economic planning tends to mitigate the trade-off between economic growth and equity that has been found to prevail in the early stages of development in most less developed countries. The analysis focuses on the Chinese leadership's attempt to improve economic efficiency by decentralizing economic management without encouraging, as a consequence, increased economic inequality among different regions. By examining the budgetary and planning process, focusing in particular on the fiscal relations between the centre and the far-reaching degree of resource redistribution undertaken by the central government through its control of interprovincial and intersectoral resource transfers. Professor Lardy's analysis highlights the essential features of Chinese economic growth and relates these to the experience of both developing and Soviet-type economies.

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Economic Growth and Distribution in China

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Contents

Frontmatter
pp i-iv

Contents
pp v-vi

List of tables
pp vii-viii

Preface
pp ix-x

Map
pp xi-xii

1 - Economic growth and equity in a dualistic economy
pp 1-48

2 - Centralization of economic and financial planning, 1949–1957
pp 49-89

3 - The 1958 decentralization
pp 90-136

4 - Economic planning since the First Five-Year Plan
pp 137-172

5 - China's distributive policies in comparative perspective
pp 173-194

Appendix A - Tables
pp 195-200

Appendix B - Government administrative structure
pp 201-204

Notes
pp 205-212

References
pp 213-238

Index
pp 239-244

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Economic Growth and Distribution in China

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