The Chinese Economy Under Communism Author:Nai-Ruenn Chen, Walter Galenson 1972 Second Printing. The authors review the major features of the Chinese economy prior to the Communist takeover and discuss the policies, performance, and problems of the individual sectors of the present Chinese economy. Included in their review are industry, agriculture, foreign trade, resource allocation, population, employment, and living... more » standards.
A concluding chapter summarizes Chinese economic growth since 1952 and presents a discussion of future policy alternatives and an optimum economic policy for China. Based on the most recent findings of Western scholars, with many original interpretations by the authors, this material is presented from a developmental point of view and sections of the book are devoted to comparative studies of progress in India and the U.S.S.R.
Remarkably free fron technical language and providing insights into the economy of one of the most important countries in the world, this book will be useful not only to economists but to a broad range of sinologists, political scientists, sociologists, and historians.« less