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Demystifying the Chinese Economy
An insightful account of the remarkable transition of the Chinese economy from impoverished backwater to economic powerhouse.
传奇学人林毅夫
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Justin Yifu Lin
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Economic Development and Transition
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.
The Quest for Prosperity
Justin Yifu Lin's groundbreaking account of how developing countries can help themselves—now fully updated How can developing countries grow their economies? Most answers to this question center on what the rich world should or shouldn't do for the poor world. In The Quest for Prosperity, Justin Yifu Lin—the first non-Westerner to be chief economist of the World Bank—focuses on what developing nations can do to help themselves. Lin examines how the countries that have succeeded in developing their own economies have actually done it. Interwoven with insights, observations, and stories from Lin’s travels as chief economist of the World Bank and his reflections on China’s rise, this book provides a road map and hope for those countries engaged in their own quest for prosperity.
The Quest for Prosperity
Presents a blueprint for developing countries to help create their own successful economies, stressing that economic development hinges upon both technological innovation and effective organization of a nation's land, labor, capital, and infrastructure.
Against the Consensus
Unique analysis of the global financial crisis by Justin Yifu Lin, Chief Economist of the World Bank (2008-12).
Going Beyond Aid
Developing countries have for decades been trying to catch up with the industrialized high-income countries, but only a few have succeeded. Historically, structural transformation has been a powerful engine of growth and job creation. Traditional development aid is inadequate to address the bottlenecks for structural transformation, and is hence ineffective. In this book, Justin Yifu Lin and Yan Wang use the theoretical foundations of New Structural Economics to examine South-South development aid and cooperation from the angle of structural transformation. By studying the successful economic transformation of countries such as China and South Korea through 'multiple win' solutions based on comparative advantages and economy of scale, and by presenting new ideas and different perspectives from emerging market economies such as Brazil, India and other BRICS countries, they bring a new narrative to broaden the ongoing discussions of post-2015 development aid and cooperation as well as the definitions of aid and cooperation.
State-owned Enterprise Reform in China
This work is a continuation of the authors' earlier publication, "The China Miracle: Development Strategy and Economic Reform". The authors review the historical evolution of the state-owned enterprises, analyze the current problems, and suggest the direction for future reforms.
Demystifying the World Economic Development
Taking the new structural economics as the theoretical tools, this book obtains the maximum understanding of the history, development, current situation, and trend of the change of world economic structure, as well as China's role in its development and its underlying laws and policies, analyzes the polarization between the rich and poor for countries worldwide, and provides a way for them to achieve common prosperity. The world is going through a new round of major transformation. Profound adjustment has been made in international economy, science, culture, security, and politics, and the international development environment is undergoing profound changes. In this context, this book profoundly and systematically explains the underlying economic transition logic of world development and the general trend of China’s relationship with the world and presents the entire process of world economic development. Readers who pay close attention to the development of the world economy, China's economic development, and China's role in the world economy will find this book very fascinating.
