Cover -- Praise for Markets over Mao -- Title page -- Copyright page -- Table of Contents -- Preface -- PIIE's Board of Directors -- Acknowledgments -- Introduction -- Chapter 1 State versus Market Capitalism -- Chapter 2 Reform of State-Owned Enterprises -- Chapter 3 Rise of the Private Sector...

While it is now widely understood that China was the first globally significant economy to begin to recover from the crisis, critics nonetheless increasingly charge that the stimulus program has substantial flaws and that China's early economic recovery cannot be sustained. One prominent critic...

Cover -- Contents -- Preface -- Acknowledgments -- Introduction -- Ch 1. China's Response to the Global Crisis -- Critiques of the Stimulus Program -- Ch 2. Imbalances and Their Implications for China's Economy -- The Expenditure Approach -- The Production Approach -- The Income Approach -- The...