"An excellent examination of many of the crucial issues characterizing China's transition to a market economy. The book will be of great value not only to those people interested in China, but--with increasing globalization--to those interested in the world economy at large." --Carl Riskin, Weatherhead East Asian Institute, Columbia University

Nicholas C. Hope is Deputy Director of the Stanford Center for International
Development (formerly the Center for Research on Economic Development and
Policy Reform) at Stanford University. Dennis Tao Yang is Associate Professor of Economics at Virginia Polytechnic Institute. Mu Yang Li is a postdoctoral research associate at Stanford Graduate School of Business.