Routledge China in the Wake of Asia's Financial Crisis Book

Explore the economic transformation of China during a period of significant regional instability. This book from the Routledge Studies on the Chinese Economy series examines how China navigated the 1997 Asian financial crisis and the long-term impacts that followed. While the crisis caused turmoil across many Asian economies and led to major policy reforms throughout the region, China managed a different path. This text details how China avoided currency devaluation and implemented essential domestic changes. Readers will gain insight into the restructuring of state-owned enterprises, the development of rural areas, and the evolution of social security systems. It provides a comprehensive look at the financial reforms and institutional changes that defined China's economic response. This is an essential resource for those studying economic policy, development, and the history of Asian markets.