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Economic order --- Economic conditions. Economic development --- China --- CN / China - Chine --- 331.32 --- S10/0200 --- Structuur van de economie. --- China: Economics, industry and commerce--General works and economic history: general --- Economic development --- Development, Economic --- Economic growth --- Growth, Economic --- Economic policy --- Economics --- Statics and dynamics (Social sciences) --- Development economics --- Resource curse --- History --- Structuur van de economie --- Economic conditions. --- Economic conditions

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International economic relations --- Business cycles --- AA / International- internationaal --- CN / China - Chine --- 331.31 --- 333.432.8 --- 334.10 --- 339.7 --- 339.9 --- 338 <51> --- Economisch beleid. --- Internationale monetaire organisatie. Internationaal Muntfonds. Algemene leningovereenkomsten. --- Algemene economie : algemeenheden. --- Internationale financien. Buitenlands betalingsverkeer --(z.o {336}) --- Buitenlandse economische betrekkingen. Internationale economische betrekkingen --- Economische situatie. Economische structuur van bepaalde landen en gebieden. Economische geografie. Economische produktie.economische produkten. Economische diensten--China --- 338 <51> Economische situatie. Economische structuur van bepaalde landen en gebieden. Economische geografie. Economische produktie.economische produkten. Economische diensten--China --- 339.9 Buitenlandse economische betrekkingen. Internationale economische betrekkingen --- 339.7 Internationale financien. Buitenlands betalingsverkeer --(z.o {336}) --- Recessions --- Global Financial Crisis, 2008-2009 --- Global Economic Crisis, 2008-2009 --- Subprime Mortgage Crisis, 2008-2009 --- Financial crises --- Depressions --- History --- Economisch beleid --- Internationale monetaire organisatie. Internationaal Muntfonds. Algemene leningovereenkomsten --- Algemene economie : algemeenheden --- China --- Economic policy.

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In Economic Development and Transition, renowned development economist Justin Yifu Lin argues that economic performance in developing countries depends largely on government strategy. If the government plays a facilitating role, enabling firms to exploit the economy's comparative advantages, its economy will develop successfully. However, governments in most developing countries attempt to promote industries that go against their comparative advantages by creating various kinds of distortion to protect nonviable firms in priority industries. Failing to recognize the original intention of many distortions, most governments in transition economies attempt to eliminate those distortions without addressing firms' viability problems, causing economic performance to deteriorate in their transition process. Governments in successful transition economies adopt a pragmatic dual-track approach that encourages firms to enter sectors that were suppressed previously and gives necessary support to firms in priority industries before their viability issue is addressed.

Structural adjustment (Economic policy) --- Economische politiek. --- Developing countries --- Economic conditions --- Economic policy --- ASI / Asia - Azië - Asie --- 338.340 --- 331.31 --- 330.50 --- Algemene ontwikkeling in de Derde Wereld. --- Economisch beleid. --- Economische en sociale stelsels: algemeenheden. --- Economic conditions. --- Economic policy. --- Economisch beleid --- Algemene ontwikkeling in de Derde Wereld --- Economische en sociale stelsels: algemeenheden --- Business, Economy and Management --- Economics

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China was the largest and one of the most advanced economies in the world before the eighteenth century, yet declined precipitately thereafter and degenerated into one of the world's poorest economies by the late nineteenth century. Despite generations' efforts for national rejuvenation, China did not reverse its fate until it introduced market-oriented reforms in 1979. Since then it has been the most dynamic economy in the world and is likely to regain its position as the world's largest economy before 2030. Based on economic analysis and personal reflection on policy debates, Justin Yifu Lin provides insightful answers to why China was so advanced in pre-modern times, what caused it to become so poor for almost two centuries, how it grew into a market economy, where its potential is for continuing dynamic growth and what further reforms are needed to complete the transition to a well-functioning, advanced market economy.

Economic development --- Development, Economic --- Economic growth --- Growth, Economic --- Economic policy --- Economics --- Statics and dynamics (Social sciences) --- Development economics --- Resource curse --- History --- China --- Economic conditions --- Economic conditions. --- Geschichte 1952-2009.

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Economic conditions. Economic development --- Developing countries: economic development problems --- Agronomy --- China