This book discusses important economic and social problems of China. It is based on the author's latest findings from his scholarly research on China's economy, his involvement with China's economic reform and development, and his personal contacts with Chinese academics, entrepreneurs, government officials and ordinary citizens for over thirty years. The book is written in a style accessible to the general reader, since most chapters are based on articles published in three major Chinese newspapers, of which the author is a columnist. It can also serve as a reference book for professionals and a supplementary text for university students. It has four parts covering economic problems, economic studies, economic policy and social problems that are relevant for our understanding of China today.
Contents:Economic Problems:Historical Tradition and the Present-Day Chinese EconomyDevelopment Trends in China's Trade SurplusCorporate Social ResponsibilityTax Reform in Taiwan and Consumption TaxWill the Policy to Increase Aggregate Demand by Increasing Consumption Succeed?Improvement of Health Care in ChinaIncrease in Wage in ChinaThree Models of a Market EconomyFive Important Components of the Market Institutions in Chinese AgricultureThree Laws on the Direction of China's Economic Development“China's Economic Empire” from the American PerspectiveEconomic Studies:How to Use Econometric Models to ForecastCan Economists Forecast Accurately?Two Assumptions on Expectations in Econometric ModelsHow to Edit the Handbook of the Chinese Economy?Comparing Price Movements in Mainland China and TaiwanDemand for Personal Computers in the United StatesFurther on the Demand for Personal Computers in the United StatesWhat is the Future of China's Economy and Political System?Further on the Future Growth Rate of China's Real GDPUsing Economic Models to Forecast China's Real GDPEfficient Stock MarketsMy Teacher Milton FriedmanEconomic Policy:From Economic Theory to Economic Policy AnalysisChina's Foreign Policies in the Midst of the World RecessionEvaluation of the Policy to Reform the Economic System in ChinaImportant Considerations in the Urbanization of ChinaRegulation of the Rate of Interest and Shadow Banking in ChinaSolving the Debt Problem of the Chinese Local GovernmentsThe Present and Future of the American Recession and Lessons for ChinaSolving the Problems of Health Care and Education in the United StatesTwo Suggestions to Reform the Chinese Banking SystemSocial Problems:Comparing Chinese and American UniversitiesHave the Chinese People Restored Their Pride?News of the American Presidential ElectionAmerican Democracy in the Light of the State of the Union AddressManagement and CooperationReflections on the Progress of Taiwan's SocietyObserving Taiwan for 46 YearsLining Up in ChinaLet the People Participate in Eliminating CorruptionThree Important Qualities Required for an American PresidentReadership: Economists and the general reader.