As with most developing countries, agriculture and rural economy play an important role in China’s national economy as farmers comprise a substantial portion of the labor force. In Rural Reform in China, Cai Fang, Wang De-wen, and Du Yang present the methods that China has employed to tackle the three rural problems, thereby giving valuable insights into the theory and practice of development economics and development policies. It gives a step-by-step analysis of the swift yet thorough abolishment of the People’s Communes that represented socialism and the process of implementing the household responsibility system, lending support to the theory that China advanced in the way of incremental reform. The book also elaborates on major issues such as the reform of the land system, the industrialization in rural areas, the migration of surplus rural labor, and the effort to build the new socialist countryside. The authors then discuss the challenges that have emerged due to the rural reform such as the formulation of a redistribution policy to narrow the income gap, bringing about the transition from the first to the second Lewisian turning point, and the clearance of institutional obstacles that hinder urban–rural labor migration.

Benefits:

• Written by a group of prominent Chinese economists, the series represents a concerted effort to analyze the China Miracle as well as predict the nation’s future development.
• Each book examines a different aspect of the reform such as agriculture, capital markets, administrative system, fiscal system, and banking industry.
• Contains numerous graphs and tables.

Also available in Gale Virtual Reference Library (eBook)
© 2011. Available in November 2011
eBook ISBN: 9789814352062


This title is part of China's Reform Studies Series 2 that include:

1. China’s Agricultural and Rural Development (1978-2008) 
2. Development and Reform of China’s Banking System
3. Evolution of China’s Capital Markets
4. Fiscal Reform in China (1978–2008)
5. Reform of China’s Administrative System
6. Rural Reform in China
 

China's Reform Studies Series 2 
Print ISBN:  9789000013340 (Set)
Print Price:  U$900.00 / set
Also available in GVRL (eBook)
eBook ISBN:  9789000013333 (Set)